@TokenBoomerM to Progressive Politics • 2 months agoRecalculatingimagemessage-square6arrow-up1149arrow-down16
arrow-up1143arrow-down1imageRecalculating@TokenBoomerM to Progressive Politics • 2 months agomessage-square6
minus-square@givesomefuckslinkEnglish2•2 months agoIf you can get people to understand: Wealth is finite Inflation hides that Capitalism needs inflation to discourage saving and incentive investment, which makes saving pointless and gaining wealth a lottery ticket. They can usually work out themselves that the only way for the 99% to get their share back is to take it from the 1%. Sometimes you got to show that that the 1% have about 1/3 of the wealth. https://fred.stlouisfed.org/series/WFRBST01134
If you can get people to understand:
Wealth is finite
Inflation hides that
Capitalism needs inflation to discourage saving and incentive investment, which makes saving pointless and gaining wealth a lottery ticket.
They can usually work out themselves that the only way for the 99% to get their share back is to take it from the 1%.
Sometimes you got to show that that the 1% have about 1/3 of the wealth.
https://fred.stlouisfed.org/series/WFRBST01134