Uncle Roach@lemmy.world to No Stupid Questions@lemmy.worldEnglish · 5 months agoWhat will happen to large companies once poor people have no more money to use?message-squaremessage-square96fedilinkarrow-up1225arrow-down17
arrow-up1218arrow-down1message-squareWhat will happen to large companies once poor people have no more money to use?Uncle Roach@lemmy.world to No Stupid Questions@lemmy.worldEnglish · 5 months agomessage-square96fedilink
minus-squareSlopppyEngineer@lemmy.worldlinkfedilinkarrow-up28arrow-down1·5 months agoThat’s what they’ve been doing already. It already caused the 2008 financial crash with mortgages. The answer then was to throw around QE money to corporations like a socialist dressed up as Santa Claus and reduce interest rate to 0%.
That’s what they’ve been doing already. It already caused the 2008 financial crash with mortgages. The answer then was to throw around QE money to corporations like a socialist dressed up as Santa Claus and reduce interest rate to 0%.