Could do without it burning the planet

  • zxqwas@lemmy.world
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    1 个月前

    Cash does not disappear because you spend it. Everything you spend is someone else’s income.

    • frog@feddit.uk
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      1 个月前

      True but more money going to the wealthy stops circulation more than it going to people that actually spends it.

      • zxqwas@lemmy.world
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        1 个月前

        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.