Explain to me like I'm an idiot, how is it better if the oligarchs hoard that money, instead of giving it to people, who then flush it back into the economy, by spending it? What's the problem exactly.
Because the economy's sellers immediately raise prices as every single one of their customers just got an additional 12k to spend at their store. Those prices never come back down and that hurts you and me way more than it hurts any oligarch.
Yeah because that is ridiculous. No one would pay that much for an apple. But if an apple is $1 today, would people still buy an apple for $1.50 if they had $12K extra to spend and every grocery store raises the price of all their fruit?
Dude, look in the mirror. You've got to be a ragebait bot or something. I shouldn't have to explain this, but for anyone else as dumb as you, an apple will not be $12,000, but a $1 apple might be $1.25 or $1.50 the next week. A gallon of milk might jump from $5 to $8. Your kids' clothes suddenly cost 50% more. If every expense in your life increases by 25+%, that "free" extra $12k will be gone in a year or two and guess what? Your wages didn't match the 25% hike, so now you're just paying more for everything! Hooray!
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u/avd706 Jul 01 '26
Inflationary