Quote Originally Posted by grapejelly
Ultimately it is the middle class that becomes (or stays) poor, or at least poorer than they would have been absent inflation.
From my previous post
Prime Minister Singh declared that the greatest single threat to ‘India’s security’ were the Maoist led guerrilla armies and mass movements in the poorest parts of the country
These armies are being led, not by the poor, but by the middle class - and they recruit not only from the poor, but extensively from the middle class, that is feeling increasingly deprived.