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Money Is Losing Its Meaning

3 pointsby spkingabout 5 years ago

1 comment

sharemywinabout 5 years ago
That&#x27;s because the bulk of the money doesn&#x27;t actually flow to the economy. Banks, multinational(cartels) and other rent seekers hoard the money.<p>1. Banks build their reserves to lend but they don&#x27;t change lending standards so the money doesn&#x27;t flow out.<p>2. multinationals buy stock back to raise stock values up instead of bigger dividends<p>3. coastal real estates prices just go up and up.<p>4. educational costs have skyrocket over the decades. Did calculus become more complex?