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Say it with me: Inflation is theft.

“The typical American household must spend an additional $11,434 annually just to maintain the same standard of living they enjoyed in January of 2021, right before inflation soared to 40-year highs, according to a recent analysis of government data.”

https://www.cbsnews.com/news/inflation-households-need-extra-11400-these-states-its-even-higher/

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Discussion

deeznuts 2y ago

Also, inflation is central bank policy

MapleTreeFarmstead 2y ago

While inflation is theft in some respects it has so much more to do with the amount of work needed to be done to be able to purchase the same amount of goods which is much more akin to slavery.

Shawn 2y ago

No. It is theft, period. The work required is because inflation steals our savings and reduces the purchasing power of the fruits of our labor.