RE: RE: Random Spiel, The Fall in Interest Rates and RIsing Asset Prices
You are viewing a single comment's thread from:

RE: Random Spiel, The Fall in Interest Rates and RIsing Asset Prices

Words
111
Reading
1 min
2y

I think the big challenge with wealth “redistribution” is that it always makes it worse. The rich aren’t stupid and find plenty of ways to hide their money and move it elsewhere. It also ends up ruining those people who want to keep their funds in local banks and currencies.

Where we can truly redistribute wealth is by doing investments into infrastructure. When we build new roads, bridges, repair things and use the tax money to maintain the areas we live in, they will often hire local workers and those people will stimulate businesses. That’s the best way to get money out into the community. Not taking it from the boogeyman.