Nearly 60 and I still don’t “get” inflation. Can anyone explain? Thank you.

  • Traffic3003@lemmy.mlOP
    link
    fedilink
    arrow-up
    9
    arrow-down
    1
    ·
    13 hours ago

    Thanks everyone for the replies. I understand more about the mechanics now. Made me hate capitalism a bit more than I already do, but I guess someone was right when they said a little knowledge is a dangerous thing.

    • callouscomic@lemmy.zip
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      10 hours ago

      Lack of knowledge is literally more dangerous. It’s why fascists and the ruling class don’t want people largely educated.