Wise Bread | Personal Finance and Frugal Living Forums

If you look at periods of inflation historically, often it results in the lower and middle classes playing a little income catch-up with the wealthy, so it can be a good thing for a lot of people. Why do you think Wall Street hates it so much? They don't want wages rising. However, with inflation triggered by high energy prices you can get stagflation, stagnant wages and rising prices, a very bad situation and what we are likely seeing now.

Reply

Please keep the comments civil and on-topic. Abusive or inappropriate comments will be removed without warning. By posting here you agree to our terms of use.

Your name:

E-mail:

The content of this field is kept private and will not be shown publicly.

Homepage:

If you leave a link (include the http:// part), your name will be linked to your homepage.

Subject:

Comment: *

You may use some HTML for formatting: <strong>bold text</strong>, <em>italics</em>, and <a href="">for links</a>. Empty lines are automatically converted to paragraph breaks.

Or click the link above that says 'enable rich-text' to use the fancy editor.

Captcha

This question is for testing whether you are a human visitor and to prevent automated spam submissions.

Math Question: * 4 + 4 =

Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Have more to say? Join the discussions at Wise Bread's Finance and Frugality Forums.