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How Inflation Helps Rich Become Richer
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[QUOTE="Jasmine, post: 271840, member: 49159"] During the corona pandemic a lot of businesses failed, a lot of people lost their income sources, yet, Jeff Bezos managed to become world's richest man. Jeff Bezos is not the only example, a lot of individuals and businesses grew their net worth by multi millions during the pandemic. Businesses always use time to their advantages. Therefore, it does not matter whether there is a pandemic or recession big businesses are always able to built their income. When there is inflation, rich people start investing in the market because the market is down and they can by assets and equity for cheap. They can do that because they do not have the dearth of funds. However, for poor people, investment is not possible during inflation. Even the middle class cannot invest during the inflation because they will experience loss in their income. However, with simple lifestyle changes anyone can build investment funds [/QUOTE]
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How Inflation Helps Rich Become Richer
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