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    waifu (waifu@mai.waifuism.life)'s status on Thursday, 02-Jan-2025 04:29:06 JSTwaifuwaifu
    in reply to
    • MrClon

    @MrClon@lor.sh Greatest factor is inflation, inflation is a silent tax, and it affects the poor the most since it's a slow devaluation of money and since they live with the minimum they have no chance to save, the money disappears in front of their eyes. Second factor is the government cuts on the size of the state, since we have financial surplus, the government can remove taxes, which makes products to lower in price, so poor people can access them more easily. Third is increment of wages, which is a consequence of several factors, but it has been seen that wages in the private sectors have increased faster than the inflation rate, sometimes even +10%, so a month you'd have 2% inflation, but your wage went up 3% as an example.

    In conversationabout 5 months ago from mai.waifuism.lifepermalink
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