you just dont get it, do you? :DDD
Comment on Controversial question
turnip@sh.itjust.works 3 weeks ago
Because the rich don’t affect much in our current monetary policy, its the velocity of money that matters rather than the quantity.
If they start buying out every grocery store then interest rates rise and their asset prices fall.
Dropper_Post@lemm.ee 3 weeks ago
explodicle@sh.itjust.works 3 weeks ago
You’re half right… monetary policy is a huge source of inequality, but that’s because congress obeys their rich owners.
If there was some way to opt out of their monetary policy, then you’d think it would already be catching on. 😉