@4Awesometweet i think the other part is the Cantillon effect. when that money is dispersed it flows down ward and everyone takes their piece. by the time it gets to the bottom inflation and the wealth effect have made it a nothing burger.
@4Awesometweet i think 20% of the 30% shouldn't have to. i think 10% of 30% are the problem. low wage workers are being crushed by inflation. the wealth effect has a lot to do with it. it's very hard to acquire assets making 30k to offset inflation. everyone feeling wealthy is part of that prob
@stats_feed looks like after every major economic crash the democrats assumed power. looks like the build up to every major economic crash republicans were in power.
@KobeissiLetter companies that can afford to invest in AI likely have the ability to hire more people. companies that can't likely don't. it might have nothing to do with AI and everything to do with the kind of company.
@MarioNawfal trump would sell out anything for a profit to get what he wants. bernie would confiscate and regulate anything he could to get what he wants. capitalism is a market price setting economy. socialism is a bureaucratic price setting command economy. both have shitty greedy people.
@GrantCardone says a lot that the goal isn't to make houses more affordable. basically it won't be a better deal just a different structure. the mortgage will be cheaper but the prices of the homes will rise so there is no real benefit.