Re:Ask HN: About Financial Inequity
by logicslave on Tuesday December 22, 2020 @06:41PM
(#25512787)
Yes, the government uses money printing to prop up the economy during recessions. The money they print goes into financial assets, inflating them. The rich hold these assets, so they get even richer. This creates massive wealth inequality. So politicians speak out against wealth inequality, then support financial policies that create it. This is why people cannot afford houses.
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