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The super rich doesn’t consume, they just have a lot of money. If you move money from a low consumer to a set of people at full consumption then you get inflat
by neilwilson 3y ago
The super rich doesn’t consume, they just have a lot of money.
If you move money from a low consumer to a set of people at full consumption then you get inflation.
To move consumption you have to tax consumers not hoarders
- hyperadvanced 3y agoI unfortunately agree - I would way rather see the “hoard” allocated toward real growth and investment than allocated toward weird pet projects or shareholder-attraction. The USA doesn’t have a shortage of consumption, it has resource allocation issues.