2 ms·
Also it encourages hoarding and less spending of the upper class, which is a major economic problem in it's own right.
by mattnewton 10y ago
Also it encourages hoarding and less spending of the upper class, which is a major economic problem in it's own right.
- jcoffland 10y agoAlthough, this decreases money supply which makes everyone's savings worth more at the expense of slowing economic growth. Slower growth may be undesirable to many, especially startups, but could have positive environmental effects.