Inflation

Reader comment on: Class Warfare of the Wall Street Journal

Submitted by Joe (United States), Jun 25, 2011 15:19

Inflation benefits those that receive the new money first, as well as debtors. This invisible tax negatively impacts everyone else due to the decline in purchasing power that they experience, as well as the related erosion of savings.

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Other reader comments on this item

Title By Date
⇒ Inflation [38 words]JoeJun 25, 2011 15:19
The bankers (and hedge fund types) have been declared the villans. [86 words]LyleJun 24, 2011 02:07
Missing the point [32 words]BillDJun 24, 2011 00:01

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