Row 72961

Row ID: 72961 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 72961 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Inflation is tough on everyone, but it’s also designed to transfer wealth from the elite to workers. Or at least from creditors to debtors.

It’s less painful than taxes. Debts lose value as inflation rises. So those with claims on your money make less.

It’s how fiat currencies are designed and it’s not necessarily a bad thing. The monetary system is obviously more complicated than that but I always think it’s ironic how Reddit is so liberal yet central banks are historically considered a slightly left leaning institution lol.

FieldValue
text Inflation is tough on everyone, but it’s also designed to transfer wealth from the elite to workers. Or at least from creditors to debtors. It’s less painful than taxes. Debts lose value as inflation rises. So those with claims on your money make less. It’s how fiat currencies are designed and it’s not necessarily a bad thing. The monetary system is obviously more complicated than that but I always think it’s ironic how Reddit is so liberal yet central banks are historically considered a sligh…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1nSkl5dXAtU2I2THczQTh3V3R6cWx6REZWSXNXUVl3TXVFOUJsWkRMNDBTd0NwaEZBelg0ZWZGczlsMHJVS1RuMEw2cEtMb0Y5ZHZyTUFvcnpiUXQxRFE9PQ==
url_encoded Z0FBQUFBQm5Lak94QVN4QlNrYmFObldyUnhhbHdEY1NJc3pnV2Z1X2ZualhSV0RMYUw3VDhHTmZlanpCaHFXOE9pLXM3cW1OaUtTTUhfbHA3VDlLczFsNWEycG1HSU9pVDVZZUc0Z25tTXR1Z2dQX24tRVdib1JxOTNIU1oyY0ZMSXJ3cVVHTEZxa1pJNGxNSThRa2htdVoyMFVJd1pXQXhMOXVrOGgyZEpyZzF6cVEtcUpWRjVVVFBJX1ZMRVhZMjBzR3RGdVMyS0xMZFFUWHY4MVdoSXBmUFRaQVdPR1EzUT09

Raw Record

{
  "text": "Inflation is tough on everyone, but it’s also designed to transfer wealth from the elite to workers. Or at least from creditors to debtors.\n\nIt’s less painful than taxes. Debts lose value as inflation rises. So those with claims on your money make less.\n\nIt’s how fiat currencies are designed and it’s not necessarily a bad thing. The monetary system is obviously more complicated than that but I always think it’s ironic how Reddit is so liberal yet central banks are historically considered a slightly left leaning institution lol.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1nSkl5dXAtU2I2THczQTh3V3R6cWx6REZWSXNXUVl3TXVFOUJsWkRMNDBTd0NwaEZBelg0ZWZGczlsMHJVS1RuMEw2cEtMb0Y5ZHZyTUFvcnpiUXQxRFE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak94QVN4QlNrYmFObldyUnhhbHdEY1NJc3pnV2Z1X2ZualhSV0RMYUw3VDhHTmZlanpCaHFXOE9pLXM3cW1OaUtTTUhfbHA3VDlLczFsNWEycG1HSU9pVDVZZUc0Z25tTXR1Z2dQX24tRVdib1JxOTNIU1oyY0ZMSXJ3cVVHTEZxa1pJNGxNSThRa2htdVoyMFVJd1pXQXhMOXVrOGgyZEpyZzF6cVEtcUpWRjVVVFBJX1ZMRVhZMjBzR3RGdVMyS0xMZFFUWHY4MVdoSXBmUFRaQVdPR1EzUT09"
}

Entry Information