Message from @wuzamarine
Discord ID: 677222091652595712
how do rich people remove their money from circulation
by investing instead of speading it
investing isnt removing it from circulation. that's the epitome of circulating money
Bullshit
how do businesses get capital to start up?
how do people get loans to buy a house?
banks need to have a reserve of cash
even in a bank ur money is being recirculated
A loan.
But a business loan is not stock or a commodities investment
all investments are used to further grow business
Corporate taxes suck
if they were putting to money into a functioning business, that would be fine.
Most store in tax havens or put their money in a commodity.
or a fund
Putting your money in a commodity or fund is investment lol
There’s nothing wrong with that
it is the Trust system in USA that is the real poison.
For example buying houses to rent
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ You are removing the money from circulation when you invest in a fund or a trust.
Incorrect
It’s still in the money supply
It is removed from circulation.
It is locked up tight.
circulation != supply
circulation is the problem.
This is the equivalent of saying saving removes money from circulation
it does. You're supposed to spend it.
so I guess @wuzamarine you dont think a mortgage is money supply?
No, it’s in the money supply
The point is saving boosts growth
You have a simplistic view of the economy
savings boost growth the most
It's locked up in your pocket and removed from circulation.
it is the hording that is the problem.
its not in ur pocket dummy
it's in circulation. even if it's just in the bank
I’m confused to what you’re saying at.
investments are even less in ur pocket they are liquid
I saw you said the economy was doing fine with a high corporate tax
hording? this guy has no concept of how money lending works
the removal of billions from circulation is the biggest problem and the main driver of economic swings.
I dont even think you know what circulation is