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I have had this sneaking suspicion for years now that most of the money needs to be locked up because if we actually gave it to the masses to spend we'd see mas
by 01100011 24d ago
I have had this sneaking suspicion for years now that most of the money needs to be locked up because if we actually gave it to the masses to spend we'd see massive inflation and/or environmental catastrophe (worse than the current one). I don't mean to defend the wealth gap, and I'm not trying to make a statement on how things should be. I just think there may be an unfortunate reality that we need most of the world to have less because we can't currently support a middle class globe.
- deleted 24d ago[deleted]
- bee_rider 24d agoOh, that’s an interesting thought. Nice way to increase GDP without doing anything actually useful, right?
- bobthepanda 24d agothis is already happening via asset price inflation. where i live (Seattle) small businesses are trapped in a death spiral as their rents are going up, the wages they have to pay are up to even attract workers who also need to pay rent, but purchasing power has not caught up.
- FpUser 24d ago[flagged]