You are viewing a single comment's thread.

view the rest of the comments →

0
2

[–] senpaithatignoresyou 0 points 2 points (+2|-0) ago 

He also talks about inflation being a good thing in his books, that it keeps people from hoarding their money for "a rainy day".

But what is the rainy day that people save up for?

Retirement, college, a house, important things. Inflation hurts the poor the hardest, as it saps away at their savings and keeps them from accumulating wealth.