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View Diary: Historical data suggest inflation hurts the rich more than the poor (24 comments)

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  •  Yes I did (1+ / 0-)
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    paulbkk

    and you might have noticed that the minimum wage was relatively high in the late 60's, when inflation was above 5%, peaking in 1968, the start of the high inflation 70's and took a dive after 1983, when inflation flat  lined.

    "If I pay a man enough money to buy my car, he'll buy my car." Henry Ford

    by johnmorris on Tue Aug 16, 2011 at 07:06:03 AM PDT

    [ Parent ]

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