this post was submitted on 23 Jul 2024
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Degrowth

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Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

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[–] lud@lemm.ee 3 points 1 month ago (1 children)

Inflation doesn't exist to make the rich richer.

The main reason for some a little inflation is so that people won't hoard money and instead invest it in stuff which is good for the economy.

If every rich asshole only sat on their money for eternity everyone would be worse off.

[–] DessertStorms@lemmy.blahaj.zone 5 points 1 month ago (1 children)

If every rich asshole only sat on their money for eternity everyone would be worse off.

Have you had a look around recently?

[–] lud@lemm.ee 0 points 1 month ago

Yeah, and as far as I can tell it's mostly invested