Sure that's an if, but the effects of inflation certainly exacerbates that inequ... | Hacker News

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CrossVR 3 months ago | parent | context | favorite | on: The Road Not Taken Is Guaranteed Minimum Income

Sure that's an if, but the effects of inflation certainly exacerbates that inequality. Thus the rich get richer while the poor get poorer. It's just a question of cause and effect.

JumpCrisscross 3 months ago [–]

> It's just a question of cause and effect

Yes. That’s a pretty critical question.

High inflation drives inequality. (Moderate depends on the savings rate.) We have zero evidence inequality drives inflation.

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