You are viewing a single thread.
View all comments View context
8 points

Why would you think that?

permalink
report
parent
reply
-12 points

Because inflation and stock markets are going nuts. And since everyone working has their pension invested, their wealth went up as well. Plus house prices went up. The problem is that people confuse wealth with money. And wealth is not money. You can’t buy bread with wealth.

permalink
report
parent
reply
5 points

By definition if inflation doubles and the value of your estate doesn’t change, your actual wealth didn’t change.

permalink
report
parent
reply
6 points

your actual wealth didn’t change

Actually, it did—it was cut in half.

permalink
report
parent
reply

World News

!worldnews@lemmy.ml

Create post

News from around the world!

Rules:

  • Please only post links to actual news sources, no tabloid sites, etc

  • No NSFW content

  • No hate speech, bigotry, propaganda, etc

Community stats

  • 4.8K

    Monthly active users

  • 11K

    Posts

  • 121K

    Comments