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    GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Tuesday, 26-May-2026 00:19:35 JSTGhostOnTheHalfShellGhostOnTheHalfShell
    in reply to
    • for economics discontents

    @economics_that_works

    This means that the bulk of their wealth is never subject to any kind of tax; it grows as the federal government stuffs more and more money into the economy through deficit spending. They never pay taxes meaning that all that money keeps piling up in their hands.

    It also means that the significant chunk of commercial debt is what the super rich are spending on themselves.

    The super rich have achieved wealth escape velocity

    1/2

    In conversationabout 23 days ago from masto.aipermalink

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