IRL cockroach@lemmy.world to No Stupid Questions@lemmy.worldEnglish · 3 months agoWhat will happen to large companies once poor people have no more money to use?message-squaremessage-square99fedilinkarrow-up1224arrow-down17
arrow-up1217arrow-down1message-squareWhat will happen to large companies once poor people have no more money to use?IRL cockroach@lemmy.world to No Stupid Questions@lemmy.worldEnglish · 3 months agomessage-square99fedilink
minus-squareSlopppyEngineer@lemmy.worldlinkfedilinkarrow-up28arrow-down1·3 months 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%.