I Cast Fist@programming.dev to Lemmy Shitpost@lemmy.world · 7 days agoConclusions from doing your own researchprogramming.devimagemessage-square14linkfedilinkarrow-up1138arrow-down115file-text
arrow-up1123arrow-down1imageConclusions from doing your own researchprogramming.devI Cast Fist@programming.dev to Lemmy Shitpost@lemmy.world · 7 days agomessage-square14linkfedilinkfile-text
minus-squarezxqwas@lemmy.worldlinkfedilinkarrow-up12·7 days agoCash does not disappear because you spend it. Everything you spend is someone else’s income.
minus-squarefrog@feddit.uklinkfedilinkarrow-up4arrow-down1·6 days agoTrue but more money going to the wealthy stops circulation more than it going to people that actually spends it.
minus-squarezxqwas@lemmy.worldlinkfedilinkarrow-up4·6 days agoIt does not. Instead of necessities the wealthy buy assets, e.g. stocks. Either way the cash is still in circulation. It’s foolish to have huge piles of cash when most central banks have a stated goal of about 2% inflation.
Cash does not disappear because you spend it. Everything you spend is someone else’s income.
True but more money going to the wealthy stops circulation more than it going to people that actually spends it.
It does not. Instead of necessities the wealthy buy assets, e.g. stocks. Either way the cash is still in circulation.
It’s foolish to have huge piles of cash when most central banks have a stated goal of about 2% inflation.
True. I see your point.
They just print more