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Get your vote in now!!
(lemmy.world)
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this post was submitted on 02 Jun 2024
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You mean that investing in the stock market is a hedge against inflation? I can't argue with that. But not everyone has money to invest in the stock market after rent, bills, food etc. Unless your wages/benefits rise in line with inflation or you have money to spare, you basically only have the option of buying worse stuff or simply going without it.
If you don't have money to save, then inflation doesn't make you spend your money either, since you're basically spending it all anyway