capitalism

Out of context: Reply #444

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  • shapesalad-2

    If you give everyone $1000 it'd be interesting to see some bar graphs and modelling on where that money would go. Presuming it goes directly into people's bank accounts I'd assume a % remains in banks, a % online casinos, % online games, etc...

    You could probably save the gov money by simply figuring where the top 50 spends across the population are and bailing out/handing out to those businesses.

    • and if you give everyone newly printed $$$'s, surely you are just instantly creating inflation and devaluing currency in relation to valued time/assets.shapesalad
    • looking forward when we eventually switch to cryptocurrency so this information can be tracked in real timezaq
    • You don't need to track it, you said it yourself, the people will know where to spend. Of course you'll have morons but most will just do what they need to dozarkonite
    • with the money and truly necessary businesses will thrive. We can figure out where the money went at the next tax season.zarkonite
    • and there won't be inflation caused by this because people stopped receiving wages so there's a shortage of cash in the market right now. Printing new moneyzarkonite
    • just shores up the market, it doesn't overinflate it. At least in theory...zarkonite
    • If you bail out the top 50 you let dozens if not hundreds of others fail. Give the money to the people and they'll distribute it proportionately to thei_monk
    • businesses they use.i_monk
    • Trickle up economics.i_monk
    • Likely it goes right back to the bank, in the form mortgage payments?ShenanigansTV

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