GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 26 days agoSchrodinger's immigrant, simultaneously taking jobs and lazylemmy.worldimagemessage-square19fedilinkarrow-up1538arrow-down113
arrow-up1525arrow-down1imageSchrodinger's immigrant, simultaneously taking jobs and lazylemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 26 days agomessage-square19fedilink
minus-squareFlocklesscrow@lemm.eelinkfedilinkEnglisharrow-up3·26 days ago100% It’s the wealthy who stagnate the economy. Give cash to the poor, that cash goes immediately back into goods and services, ie higher cash velocity. Give cash to the wealthy, they throw it on their hoard and have the money “work” for them.
minus-squarePiemanding@sh.itjust.workslinkfedilinkarrow-up1·25 days agoGuess money can only work as hard as the working class does.
100%
It’s the wealthy who stagnate the economy. Give cash to the poor, that cash goes immediately back into goods and services, ie higher cash velocity.
Give cash to the wealthy, they throw it on their hoard and have the money “work” for them.
Guess money can only work as hard as the working class does.