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First of all, studies by who? Cui bono is definitely at play here. Secondly, it doesn’t matter where the “wealth” is stored unless it’s sitting in someone’s b
by UncleEntity 4y ago
First of all, studies by who?
Cui bono is definitely at play here.
Secondly, it doesn’t matter where the “wealth” is stored unless it’s sitting in someone’s basement like Scrooge McDuck[0]. The money gets out into the economy through loans and businesses doing business causing prices to rise because there’s more money chasing the same amount of goods.
[0] though, apparently, this is a Silicon Valley thing as was seen by SVB.