• @intensely_human
    link
    311 months ago

    Yeah it only works on the money. Holding income-generating assets isn’t affected because people can increase rents to maintain the same income stream.

    • @ungoogleable@lemmy.ml
      link
      fedilink
      511 months ago

      Income-generating assets are doing something to generate that income, which is presumed to have some beneficial effect on the economy more than cash sitting under your mattress does.