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Topic82 percent of all wealth generated in 2017 went to the 1 percent
SatanicHalibut
01/25/18 2:09:04 PM
#26:


FLUFFYGERM posted...
SatanicHalibut posted...
FLUFFYGERM posted...
Why is it terrible that there are more new millionaires than ever before?

Because basic math says so, there's only a finite amount of currency in our economy and when most of it is hoarded in a few places there's very little left for everyone else


So then how do you explain the global economy being worth more now than it was 20 years ago? Or 50 years ago? Or 500 years ago? In terms of circulating currency and also resource wealth.

You realize people are buying more on credit than ever before right? That's why corporations keep having record profits but the economy is still in the shitter
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