Written by JulieW
(10/24/2003 12:13 p.m.)
in consequence of the missive, GR: income and inflation, penned by Zoe
Those on fixed incomes( fixed when inflation was low) were at a disadvantage.
Didn't Jane Austen, Cassandra and their mother discover this when their father died(and his income form his living died with him)IIRC,the houses they lived in, in Bath, got steadily poorer and poorer , and in less exaluted positions to reflect their diminshed ecomomic status.