2 ms·
It is a fact that some people save money and some don't, that some people decide not to do fun stuff and instead learn things and some go partying, that some pe
by lmilcin 7y ago
It is a fact that some people save money and some don't, that some people decide not to do fun stuff and instead learn things and some go partying, that some people try to make their best and some don't.
Every case is individual, but ON AVERAGE, when you print money you dilute the value of existing money which means you take away from people who have money and put it in the hands of ones that were more careless ON AVERAGE.
- kennywinker 7y agoI completely disagree with your opinion that the majority of people who have more money got it through personal characteristics like hard work and not partying. But, that said, so some people were able to learn skills that society values more, get paid more, and are thus able to save more money. Great. But lots of THOSE people got their livelihoods crushed by social distancing. You are saying printing money makes everybody subsidize the people who lost their jobs, but not printing money is bleeding their savings to save other people's lives. How is that right? Like even if you have 6-12months of savings on hand, at the end of this you've drained your personal finances to save someone else's life??