5 ms·
The Fed has a few papers on this issue. Their conclusion is basically that the young will eventually inherit the wealth and market forces will force a redistrib
by vladimirralev 2y ago
The Fed has a few papers on this issue. Their conclusion is basically that the young will eventually inherit the wealth and market forces will force a redistribution. Thus it solves itself eventually.
I personally think that the Fed papers are just designed as an excuse to print money, but my point is the Fed is very far from seeing this as a problem and will never act to remedy it.
- ahaferburg 2y agoTrickle down economy is totally going to work. Just wait another couple decades! /s
- ric2b 2y agoHow will market forces force a redistribution when they can just invest their wealth and keep growing it even more?