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#the99percent — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #the99percent, aggregated by home.social.

  1. Dick Smiths Fair Go Supporters @[email protected] ·

    @witchescauldron
    2/2… the money is created as #debt but if the tacit intention of the elite is to NOT pay back the debt, then it is just #moneyPrinting by elites for elites.

    It produces the #CantillonEffect, those closest to the #moneyPrinter, the mega #corporations, get the most benefit from the inflated money supply. As money is doled to #the99Percent the effects of the #inflation, ie. higher prices, manifest. Thus the people who get the money first enjoy the most benefit before prices rise.

    #debt #moneyprinting #cantilloneffect #moneyprinter #corporations #the99percent
  2. Dick Smiths Fair Go Supporters @[email protected] ·

    @techbolt
    That'd be right.

    Kind of like in the US recently, with $1.4TRILLION going to the #cantillionaires and $200 billion going to #the99Percent.

    The beatings will continue.

    #moneyPrinterGoBrr #trickleDownEconomics #whyBitcoin

    #cantillionaires #the99percent #moneyprintergobrr #trickledowneconomics #whybitcoin