Post
Topic
Board Economics
Topic OP
Stagnant Salaries vs. Inflationary Savings Tax
by
Alphakilo
on 01/05/2024, 18:49:31 UTC
Which of these economic situations would you prefer to find yourself in?

A- Your salary is stagnant but prices fall. Where this happens, your real purchasing power has increased.  It's called constructive deflation. And even if your salary falls, but prices fall faster, you are still ahead.


B- Having your savings taxed 2%+ a year by inflation.

Drop your thoughts