Is that She Ra in the meme? Forgive me im less aware of stuff than I used to be.
this post was submitted on 28 Jul 2025
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Poor people don't bribe the politicians making these decisions, so it's not in the best interest of the politicians.
Invest it, of course! If you just invest a million per year into private equity, soon you'll be able to afford your own private jet. But those stupid poor people will rather buy avocado toast and iPhones.
Automatic upvote for She-Ra.
Spend it on things that people don’t consider spending; despite literally being spending in the cash on hand sense…
Like buying bonds, stocks, cryptocurrencies or other such commodities.
Yeah, I think this is what they mean. It is a form of poor bashing: poor people don’t invest their money to create jobs, grow the economy, etc. I have a friend who is very susceptible to this type of right-wing propaganda, and i had to point out that rich people can only invest a large portion of their income because their basic needs are (abundantly) met.
Buying things is literally the economy. People spending money into it improves the economy directly. The velocity of money is a key part of a working market, and the rich impart very little of their wealth into it.
Agreed. The position of the conservatives who espouse such beliefs is incoherent. They have a whole mythology surrounding the importance of entrepreneurs that doesn’t take markets into account. For many of them, the most advanced economic text they have ever read was an Ayn Rand novel.
You're supposed to give it back to them in the form of investments.
invest it
Yes exactly, this is a fundamental aspect of monetary policy and is one of the best ways to explain the concept and value of the velocity of money.