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Lets test the theory
(lemmy.world)
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this post was submitted on 05 Jun 2024
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The money would be spent on necessary goods and services, allowing more companies to hire more people because their income rises. That's how capitalism works (when it works) and is why the rich suddenly poop their pants when people stop consuming.
The entire thing is a house of cards, but if you remove excess weight at the top and put it at the bottom, it's at least a bit more stable.
Great another deranged who thinks wealth is zero sum
They just accurately described the current situation and you're just parroting the daily mail
Where did I say that?
More wealth being spent rather than sitting idle, generates economic growth.