NumbersDonutLie

NumbersDonutLie t1_iu6yahj wrote

For M2 money supply, that might be right. That’s because that money is an aggregate of the deposits in average (poor) peoples bank accounts is what constitutes M2. Corporations through a kinipchin fit to capture this cash into their coffers.

Past stimulus was directed toward M3 (rich people and corporate deposits). M3 stimulus doesn’t cause inflation because ultra-rich people don’t actually spend money (ie. Trickle-down is bullshit)

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