2 ms·
Citation needed for "make others live". You're just saying "trickle down akShUaLLy works", you do realize that, right? The effect of investing in financial ins
by romwell 5y ago
Citation needed for "make others live". You're just saying "trickle down akShUaLLy works", you do realize that, right?
The effect of investing in financial instruments is effectively the same as burying gold (as the study shows). My citation is TFA.
Bonus: tell me again who gets to "live" from someone shorting Tesla stock on the dip.
Side note: your houses argument is cute. In this case, we should just buy that house and cut the middle (billionaire) man out.
The only thing the billionaire can do with the house is either rent (taking money out of the economy) or sell (and we're back where we started, minus whatever profit they made).
So clearly, a better move is to pay someone to give up their house (retirement money), and let someone else live there rent-free.
While we're at that, instead of having the rich person buy stock (and pay for seller's retirement), we should buy that stock ourselves, since it's the same effect.
Congratulations! We now have socialized housing and nationalized corporations. Welcome to the Socialist States of America!
TL;DR: if trickle-down works, The Man should own everything. Strangely, Reagan wasn't a fan. Huh.