Uncle Roach@lemmy.world to No Stupid Questions@lemmy.worldEnglish · 1 year agoWhat will happen to large companies once poor people have no more money to use?message-squaremessage-square102fedilinkarrow-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 · 1 year agomessage-square102fedilink
minus-squareSlopppyEngineer@lemmy.worldlinkfedilinkarrow-up27arrow-down1·1 year 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%.