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Trickle down economics is a lie. Quantitative easing is so far removed from salaries. It ends up just creating more capital for banks, which they invest into as
by throwaway1777 7y ago
Trickle down economics is a lie. Quantitative easing is so far removed from salaries. It ends up just creating more capital for banks, which they invest into assets (companies and properties being two asset classes) or use as liquidity. Labor isn’t really in the picture at all except that companies which use less of it can be better assets to invest in.