US Politics on Yik Yak | even worse, on top of the billionaires holding onto that $90, every dollar they spend tends to be borrowed from the bank (raising our interest rates) using their capital as collateral. they pay back the minimum each month and live a lavish

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US Politics 8w

even worse, on top of the billionaires holding onto that $90, every dollar they spend tends to be borrowed from the bank (raising our interest rates) using their capital as collateral. they pay back the minimum each month and live a lavish

US Politics 8w

This is over simplifying it, but if there’s a $100 circulating in our economy, and the billionaires keep $90 of it (collectively) tied up in stocks and property etc… we’re all fighting eachother for that last $10, they keep us fighting eachother so we

Anonymous 8w

lifestyle on subscription. ie: the more capital a person has, the larger the loan they can take out and the more lavish their lifestyle becomes

Anonymous

OP 8w

they never circulate their own money, because its all tied up in capital. instead, by living on borrowed money they dip into OUR $10 and contribute to inflation and rising interest rates