Thats true. I think its more of a motivator in the sense that, as the dollar is continuously loosing value, they can give you a higher and higher quantity of dollars and make you feel artificially wealthier than you actually are. You get a raise but it really isn’t a raise.
But I also think it a major motivator to invest in the stock market. Alot of people would rather just add to savings in the bank if they knew it wasn’t going to be worthless in 20 years.
Thats true. I think its more of a motivator in the sense that, as the dollar is continuously loosing value, they can give you a higher and higher quantity of dollars and make you feel artificially wealthier than you actually are. You get a raise but it really isn’t a raise.
But I also think it a major motivator to invest in the stock market. Alot of people would rather just add to savings in the bank if they knew it wasn’t going to be worthless in 20 years.
Weimar all over again, your house is worth 3 times more, but the purchase power of the dollar is a quarter of what it used to be before you bought the house. But hey, my house "increased" in value
Weimar all over again, your house is worth 3 times more, but the purchase power of the dollar is a quarter of what it used to be before you bought the house. But hey, my house "increased" in value
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