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It's true that capital begets more capital, but that's because anyone with money lends it back out seeking growth. Even if you have very little money and you pu
by OminousWeapons 6y ago
It's true that capital begets more capital, but that's because anyone with money lends it back out seeking growth. Even if you have very little money and you put it in a bank account, you are lending that money to the bank for them to invest or lend out. Basically no one is just sitting on piles of physical cash, because if you did so you would lose value behind inflation.
- throwaway316943 6y agoWell we are talking about non inflationary systems compared to inflationary ones.