Over 40% Of Money Printed In History Happened In The Last 18 Months

[Singuy]

Ever wonder how the rich keeps getting richer? The US government printed all this money to support the poor. The poor naturally cannot afford to invest to make goods but instead they can only consume. This consumption results in funneling 40% of this newly printed money to the major businesses of the world. As cash becomes less valuable, income generating assets that collect printed money becomes more valuable. Those who are holding onto cash this entire time ends up being the biggest loser while those who held onto hard assets or equity became the biggest winners by a mile.

[bjl584]

Sounds a lot like the prophecies of guys like Robert Kiyosaki are coming to fruition.
He often says that savers are losers, and to get ahead you have to be an investor.

[james.hendrickson]

Ever wonder how the rich keeps getting richer? The US government printed all this money to support the poor. The poor naturally cannot afford to invest to make goods but instead they can only consume. This consumption results in funneling 40% of this newly printed money to the major businesses of the world. As cash becomes less valuable, income generating assets that collect printed money becomes more valuable. Those who are holding onto cash this entire time ends up being the biggest loser while those who held onto hard assets or equity became the biggest winners by a mile.

This is all correct Singuy, AND - progressive are correct to criticize this trend. The problem is once the wealth accumulates in the hands of the rich, they inevitably use it to obtain political power - which undermines democracy and freedom. This is generally unpopular and destabilizes societies where it occurs. High degrees of wealth inequality are typically associated with crime, revolution and war. So, its in the USA's best interest to check this trend. The only question now seems to be how.

[Singuy]

This is all correct Singuy, AND - progressive are correct to criticize this trend. The problem is once the wealth accumulates in the hands of the rich, they inevitably use it to obtain political power - which undermines democracy and freedom. This is generally unpopular and destabilizes societies where it occurs. High degrees of wealth inequality are typically associated with crime, revolution and war. So, its in the USA's best interest to check this trend. The only question now seems to be how.

China's solution was government controlled of production. However we all know how that went down and they eventually went to a more capitalistic route.

The problem is the rich holding some sort of power in politics. They should abolish all major donations and just limit it to 100 dollars or less per social security number.

Another problem is lobbying. This is a very uncompetitive practice,, however its a double edge sword as it's there to protect large corporations from volatility of the job market. Very few companies just focus on creating products and not use political power to give them an advantage.

There's nothing inherently wrong with rewarding those who managed to produce tangible high quality products people consume while making a healthy profit (meaning efficiency). Everytime the government does it just end up costing more because of the bloat and the love for internal politic(too many people loves to make sure they have job security when their jobs are not even needed).

One way of having regular people having more wealth is to provide then with vested stock options vs more pay. Most people don't understand that the money spent could have compound 73x after 40 years. So just paying people more doesn't generate wealth, forcing an investment vehicle onto them does.

[LivingAlmostLarge]

The haves and the have nots. It seems to be getting worse. And part of it is how the poorest people don't get that they are working for nothing. They think everyone else gets handouts but they do too. Earned income tax credit? Child tax credit? All things that benefit poor people but most middle lower middle class people don't see it that way.

They don't see how everyone is on socialized medicine after 65 it's called medicare. They don't understand that social security is another wealth redistribution. Ugh. and instead they complain about taxes they don't pay at all. Highest tax rates? On HENRYs. Really rich pay 15% on income generated from portfolios (passive income). People who make money pay the most. It's really brilliant move by the super rich. Hey don't tax us and we pay a lot. Sure they pay less than everywhere else.

[Michael44]

Do you have any sources for your statement? Seems extremely lot - 40% ever-printed money in just 18 month

[Singuy]

40% of US dollars in existence were printed in the last 12 months: Is America repeating the same mistake of 1921 Weimar Germany? | Tech News | Startups News (techstartups.com)