NumbersDonutLie
NumbersDonutLie t1_iu8x9la wrote
Reply to comment by Scar589 in Japan unveils $200 billion in new spending to ease inflation pain by NBAtee
Great question.. To be more specific, they don’t spend money on anything that stimulates the economy in any meaningful way. They use money as a tool to make more money and buy political influence, to ultimately make more money and gain even more power.
NumbersDonutLie t1_iu6yahj wrote
Reply to comment by HurritUrarti in Japan unveils $200 billion in new spending to ease inflation pain by NBAtee
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)
NumbersDonutLie t1_is8cnqa wrote
Reply to comment by WellWornLife in [OC] Monthly US Homicides by aidansean
Too cold to murder efficiently in the winter
NumbersDonutLie t1_ius669c wrote
Reply to comment by 685327592 in US Credit Card Loans v. Personal Savings Rate [OC] by rosetechnology
2009 Stimulus didn’t go to people that account for the Personal Savings Rate.