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Exactly this. Just Fed/Treasury crediting $1B to every billionaire in the states won't help the economy; it just helps this rich to chase after financial assets
by raincom 7y ago
Exactly this. Just Fed/Treasury crediting $1B to every billionaire in the states won't help the economy; it just helps this rich to chase after financial assets (stocks), real estate (mega mansions), arts/paintings (picasso, van gough, etc), mega yachts, names on buildings, etc.