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Most likely, the poverty line just hasn't kept up with inflation.
If it's a real effect though, poor people spend much more of their budgets than rich people, so richer poor people puts more upward pressure on prices than richer rich people does.
Most likely, the poverty line just hasn't kept up with inflation.
If it's a real effect though, poor people spend much more of their budgets than rich people, so richer poor people puts more upward pressure on prices than richer rich people does.