News for hackers. Stuff that matters.

A comment on Does QE Cause Wealth Inequality?. Parent comment

Re:Does QE Cause Wealth Inequality? by keymone on Tuesday November 16, 2021 @02:41PM (#29245436)
now account for $500 cost of living. or $100, which is lower than almost anywhere in the world. A will be broke while B won't even notice.
[ Parent | on HN ]
Re:Does QE Cause Wealth Inequality? by pureliquidhw on Tuesday November 16, 2021 @03:29PM (#29245986)
This is the real issue. Excess cash poured into and competing for assets. Having 90% of your money available to invest vs 10% creates a massive difference in real outcomes.
[ Parent | on HN ]