Inflation has never been an evenly distributed effect. For those with choices, it is a competition they can participate in; for those without choices, it is simply a process of time being consumed; and the real winners are those who can enter and exit the market at any time. If you find yourself forced into involution, being eroded by inflation, and unable to exit, what you lack is not ability, but the right to choose.
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Inflation has never been an evenly distributed effect. For those with choices, it is a competition they can participate in; for those without choices, it is simply a process of time being consumed; and the real winners are those who can enter and exit the market at any time. If you find yourself forced into involution, being eroded by inflation, and unable to exit, what you lack is not ability, but the right to choose.