Quote by Robert Orben
Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.
Summary
This quote suggests that inflation, the increase in prices of goods and services over time, has the potential to level the playing field and create equality in society. It argues that as inflation occurs, the prices of both luxuries and necessities increase, making them equally expensive for everyone. By giving individuals access to the same goods regardless of their financial standing, it is claimed that inflation contributes to the realization of true democracy.
Topics
Inflation
By Robert Orben