RE: Steem Inflation : A Tool for Efficient Creation and Effective Redistribution of Wealth

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Steem Inflation : A Tool for Efficient Creation and Effective Redistribution of Wealth

in prameshtyagi •  7 years ago 

Inflation is killing people everywhere because they just keep making money. If you dont have any but you need some the banks quick to get you some as adults we start our lives in debt whether you go to college or not. Since 1970 the cost of living has gone up like crazy while wages havent increased all too much. $100 in 1970 is right around $600 by todays standards it's crazy and people don't realize it.

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Yup