The 3.4% inflation number is the last stage of a multi year wealth transfer that already happened.
— Rothmus 🏴 (@Rothmus) August 15, 2026
New money enters the system in sequence. The first people who receive it spend at the old prices and capture real gains.
By the time those dollars finally reach wage earners, the… pic.twitter.com/o3mPJxZ3Yk
By the time those dollars finally reach wage earners, the prices of everything they buy have already climbed, so the late recipients lose the purchasing power the early ones gained.
Posted
Categories Clips