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> They keep money in bonds (lending money to people, corps, govs that need it), stocks (raise the value of companies that are valuable thus letting them borrow
by surgical_fire 1y ago
> They keep money in bonds (lending money to people, corps, govs that need it), stocks (raise the value of companies that are valuable thus letting them borrow more etc)
That's wealth that should be taxed.
> The immaturity of people when it comes to economics is a problem
I agree. Just not in the way you imagine.
- eru 1y ago> That's wealth that should be taxed. Wealth taxes are fairly controversial, and not very common around the world. But they have been implemented in a few places, and we can look at what real world effects have been observed.