4 ms·
Right, they must have accumulated the money beforehand. But what they are doing right now with it is the opposite of accumulating it. They are taking the money
by saint_fiasco 2y ago
Right, they must have accumulated the money beforehand. But what they are doing right now with it is the opposite of accumulating it. They are taking the money that they previously accumulated and spending it on lots of random bullshit.
Suppose you were to discourage accumulation, with a tax for example. Wouldn't that lead to investors investing in even more random bullshit?
- kragen 2y agoplausibly the money was just printed rather than being accumulated. the article is from the zero interest rate epoch