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Old vs. Young and Rich vs. Poor: How Government Creates Class Conflict

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.

Source: Mises Institute

Original URL: https://mises.org/mises-wire/old-vs-young-and-rich-vs-poor-how-government-creates-class-conflict