Rebel No.63, He/Him, Marxist on Nostr: npub1ezxuy…y74mr They win hand over fist -high interest rates -property & business ...

npub1ezxuyey29gdneq8qqva23f6ktz83nws3l38vvd0mdw2tsey4lmqq0y74mr (npub1ezx…74mr)
They win hand over fist
-high interest rates
-property & business liquidations/acquisitions
-high returns from investments/shares

Asset & wealth hoarding is detrimental to any economy
-it drives up prices
-falsely inflates assest values
-decreases ordinary purchasing ability
-depresses the value of the state issued currency -raises unemployment
-decreases govt taxation
-contributes to boom & bust cycles

It needs to stop.