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The idea that these incredibly wealthy people are using their money to create jobs is nonsense, they play games with borrowing against their assets they don't s
by kevviiinn 4y ago
The idea that these incredibly wealthy people are using their money to create jobs is nonsense, they play games with borrowing against their assets they don't spend it. Once money is in the hands of someone like this it is effectively taken out of circulation damaging the economy as a whole
- TigerTeamX 4y agoThey do play games borrowing against their assets. Why can they do this? Becomes the government have monopolized *the cost of capital* I completely agree this is bad. But giving the government more taxes will not make them suddenly change their mind about this.