I Cast Fist@programming.dev to Lemmy Shitpost@lemmy.world · 1 month agoConclusions from doing your own researchprogramming.devexternal-linkmessage-square13linkfedilinkarrow-up1138arrow-down115file-text
arrow-up1123arrow-down1external-linkConclusions from doing your own researchprogramming.devI Cast Fist@programming.dev to Lemmy Shitpost@lemmy.world · 1 month agomessage-square13linkfedilinkfile-text
minus-squarefrog@feddit.uklinkfedilinkarrow-up4arrow-down1·1 month agoTrue but more money going to the wealthy stops circulation more than it going to people that actually spends it.
minus-squarezxqwas@lemmy.worldlinkfedilinkarrow-up4·1 month agoIt does not. Instead of necessities the wealthy buy assets, e.g. stocks. Either way the cash is still in circulation. It’s foolish to have huge piles of cash when most central banks have a stated goal of about 2% inflation.
True but more money going to the wealthy stops circulation more than it going to people that actually spends it.
It does not. Instead of necessities the wealthy buy assets, e.g. stocks. Either way the cash is still in circulation.
It’s foolish to have huge piles of cash when most central banks have a stated goal of about 2% inflation.
True. I see your point.
They just print more