_corstet-5-minute-overview-inflation-8-inflation-impacting-minimum-wage-workers.jpg "Corstet 5 Minute Overview: Inflation #8 - Inflation Impacting Minimum Wage Workers from inflation and expansion video Video Screenshot Preview")
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⏲ Duration: 3 min 45 sec
✓ Published: 01-Jul-2021
✓ Published: 01-Jul-2021
Description:
In today's 5 minute overview of the 30 minute broadcast, Dr. Corsi continues the series on the short and long term implications of inflation.nnInflation hurts low income earners the most. Inflation is driven by the expansion or contraction of credit and liquidity in the economy. As prices rise, the poor suffer.nnSince it takes some time for money to circulate throughout the economy, and the well off have the latitude to make adjustments, the poor get the short end of the stick.nnInflation has dr
In today's 5 minute overview of the 30 minute broadcast, Dr. Corsi continues the series on the short and long term implications of inflation.nnInflation hurts low income earners the most. Inflation is driven by the expansion or contraction of credit and liquidity in the economy. As prices rise, the poor suffer.nnSince it takes some time for money to circulate throughout the economy, and the well off have the latitude to make adjustments, the poor get the short end of the stick.nnInflation has dr
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