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re: Here Are 6 Things White People Say That Highlight Their Privilege

Posted on 3/16/24 at 11:58 am to
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48360 posts
Posted on 3/16/24 at 11:58 am to
quote:

Simply saying that the money gets used in the economy so it's totally fine is silly because I can make that same point when I say that the government sending a stimulus check out helps the economy.


Those are not close to the same thing. There are two sides to the economy - the supply of goods and services (value) and the price they command (currency).


Investments by private equity increases the value side which affects the currency side into ways - fluctuation in price in similar goods and increased currency in the general population.

Stimulus checks simply move currency from one group to another without any correspond growth in value - this decreases overall investment. It’s a band-aid that makes the infection grow.

Massive currency printing is even worse as it creates nothing of value and actually decreases the value of the means of demand.
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