4 ms·
That's what I meant. Common people and those with cash reserves are creditors who lose their money. Wealthy debtors buy assets with the cheap loan money, and ar
by Geee 5y ago
That's what I meant. Common people and those with cash reserves are creditors who lose their money. Wealthy debtors buy assets with the cheap loan money, and are guaranteed to get richer without risk. Because of this, all valuable assets are moving to few hands.
- xapata 5y ago"Common" people in the USA don't have cash reserves. They are debtors, on average.