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NBER

Is There Really an Inflation Tax? Not For the Middle Class and the Ultra-Wealthy

NBER
Summary
Nutrition label

76% Informative

Is there really an inflation tax? Not for the middle class and the Ultra-Wealthy? National Bureau of Economic Research .

Inflation boosted the real income of the middle wealth quintile by a staggering two thirds .

The bottom two wealth quintiles got clobbered by inflation, losing almost half of their real income.

VR Score

90

Informative language

98

Neutral language

44

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links