TokenBoomer@lemmy.worldM to Progressive Politics@lemmy.world · 23 days agoRecalculatinglemmy.worldimagemessage-square6fedilinkarrow-up1149arrow-down16
arrow-up1143arrow-down1imageRecalculatinglemmy.worldTokenBoomer@lemmy.worldM to Progressive Politics@lemmy.world · 23 days agomessage-square6fedilink
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up2·23 days 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