Happy Labour Day, fellow workers!
We often hear about how inflation affects the working class, but it affects the owning class, too.
Just not in the same way.
In contrast with the working class, who see real wages drop when inflation outpaces raises, the owning class actually benefits from inflation.
In final episode of season 4 of the Alberta Worker Podcast, independent labour journalist Kim Siever outlines 7 reasons why the owning class loves inflation.
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