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Trickle Down Economics (eupolicy.social)
submitted 1 month ago by MrMakabar@slrpnk.net to c/degrowth@slrpnk.net
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[-] SkunkWorkz@lemmy.world 4 points 1 month ago* (last edited 1 month ago)

It also assumes that rich people will invest all of their money into new businesses and create jobs and thus let the money flow into the economy. But most rich people just invest most of their wealth in real estate and in the stock market, that money will never flow into the real economy.

this post was submitted on 12 Aug 2024
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