We’ve seen pictures of empty shelves in Venezuela. Meantime, the one-year return on the Caracas stock exchange is 1,804.92 percent. If you’re already rich in assets, inflation is a big nothing burger. But it’s a problem if you’re poor.

Original Article: “Inflation Is Great If You’re Already Rich

Note: This is not financial advice. You should consult your accountant or your financial advisor for any decisions you make.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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Listen here https://mises.org/library/inflation-great-if-youre-already-rich



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