Zero Inflation: Does it pay for itself?

[John Dule]

How does it help workers to inflate away a percentage of the value of their savings?

[John Dule]

How does it help workers to inflate away a percentage of the value of their savings?

Why do you assume that workers will get paid enuf to be able to have savings?

If you're going to argue "Think about the poor workers!" it's more broadly applicable to ask about the effects of inflation on the value of their wages. After all, inflation does effectively operate as a continuous stream of pay cuts.

That's only if salaries don't keep up with inflation, and that only happens when workers become uncompetitive. Can't blame inflation for that.

[John Dule]

How does it help workers to inflate away a percentage of the value of their savings?

Why do you assume that workers will get paid enuf to be able to have savings?

If you're going to argue "Think about the poor workers!" it's more broadly applicable to ask about the effects of inflation on the value of their wages. After all, inflation does effectively operate as a continuous stream of pay cuts.

That's only if salaries don't keep up with inflation, and that only happens when workers become uncompetitive. Can't blame inflation for that.

I can't imagine any employer applying COLA on a per pay period basis, even if it had the data to do so.

I also note you ignored my point about the wrongness of assuming that even in a zero inflation regime that all workers will be able to have savings.  (Let alone whether they actually will save.)

I don't care whether people save or not. I care about whether those who save find their funds depleted by inflation.