3 ms·
How? Central banks are essentially buying stock. The aid given to "normal" people is peanuts in comparison. This will further tip the balance between rich and p
by ciconia 7y ago
How? Central banks are essentially buying stock. The aid given to "normal" people is peanuts in comparison. This will further tip the balance between rich and poor, capital and labour. Lots of people lost their jobs, the value of labour is taking a nosedive.
But yes, your are of course right. Money has no intrinsic value.