Re:Troubles Mount for the We Company as Softbank Reportedly ...
by lotsofpulp on Tuesday September 10, 2019 @07:39AM
(#20927118)
All of the options you listed would result in wealth redistribution. Asset value inflation and collecting rent are how you maintain or increase the wealth/income gap, not giving away your money to make other people’s lives better/productive.
Re:Troubles Mount for the We Company as Softbank Reportedly ...
by jakobegger on Tuesday September 10, 2019 @08:23AM
(#20927387)
Yes, it'll make investors richer, but they'll end up in a world that nobody likes to live in.
Because there is just too much dumb money floating around and waiting to be invested after a decade of QE monetary policy. But instead of governments (worldwide) using said dumb money to invest in their future e.g. by building (or even maintaining!) infrastructure, teaching young students, fixing up environmental issues or helping people rebuild their savings/retirement, the money is forced into such "investments".
Next recession is gonna hit hard.