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But these days we do expect every cook and taxi driver to be in the market, because dollars in a savings account are getting returns below inflation.
by jbay808 6y ago
But these days we do expect every cook and taxi driver to be in the market, because dollars in a savings account are getting returns below inflation.
- diegocerdan 6y agoAgents are forced to play to avoid getting robbed by inflation thus wealth is transfered to owners from no-owners. Luckly for the working class, nowadays everybody can invest with a cheap smartphone and their little capital thus there is nobody to rob from and the system collapses.
- leppr 6y agoThat's the real tragedy of this uncontrolled fiat money printing. Any way you cut it, the poorer one is, the lower the % of assets to cash one owns (all the way to 0). Small bouts of token helicopter money don't fix this. Bitcoin doesn't fix this.