• atzanteol@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    10
    ·
    1 day ago

    Only the wealthy would hold on to their money, which they’re already doing.

    No, they invest it otherwise it loses value over time. Invested money is put to work.

      • atzanteol@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        1
        ·
        10 hours ago

        Like loans to companies and individuals, startup investments, stock purchases, etc. Money that moves around is useful. Money that is tucked under a mattress is not.

      • sinedpick@awful.systems
        link
        fedilink
        arrow-up
        2
        arrow-down
        5
        ·
        22 hours ago

        No, like paying your wages. You should read a bit about how things work before getting upset.

        • ironhydroxide@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          6
          arrow-down
          1
          ·
          21 hours ago

          The fuck you think investors do at all? What value do they create? They definitely don’t pay my wages from their own “investment”. My wages are paid from the profits created by myself and coworkers working to create, market, sell, distribute the product. Soon as those profits don’t hit targets investors will absolutely vote to downsize or shutter entirely, not “invest” and continue paying wages.

          • sinedpick@awful.systems
            link
            fedilink
            arrow-up
            1
            ·
            2 minutes ago

            I’m not going to explain all of macroeconomics to you, but the whole point of this discussion is decreasing prices is bad because money stops moving. If money stops moving, you stop getting paid. Is that simple enough for you to understand or does it need to be dumbed down further?