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2023-06-28 19:16:16

WaldoStackjoiner on Nostr: For every $100, the bottom quintile spends $43 on housing/$14 on food, whereas the ...

For every $100, the bottom quintile spends $43 on housing/$14 on food, whereas the top quintile spends $32 on housing/$11 dollars on food.

Inflation in May for food was 6.7% and housing was 8% (CPI=4%).

The less income you make, the more inflation steals from you

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