I Cast Fist@programming.dev to Lemmy Shitpost@lemmy.world · 2 months agoConclusions from doing your own researchprogramming.devimagemessage-square13linkfedilinkarrow-up1138file-text
arrow-up1138imageConclusions from doing your own researchprogramming.devI Cast Fist@programming.dev to Lemmy Shitpost@lemmy.world · 2 months agomessage-square13linkfedilinkfile-text
minus-squarezxqwas@lemmy.worldlinkfedilinkarrow-up12·2 months agoCash does not disappear because you spend it. Everything you spend is someone else’s income.
minus-squarefrog@feddit.uklinkfedilinkarrow-up4·2 months agoTrue but more money going to the wealthy stops circulation more than it going to people that actually spends it.
minus-squarezxqwas@lemmy.worldlinkfedilinkarrow-up4·2 months 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