Post
Topic
Board Economics
Re: The economy is bad because the poor have no money.
by
yudi09
on 20/01/2025, 17:59:45 UTC
The economic recession isn’t due to a lack of money in the market, but because the poor have no money. Essentially, the money isn’t circulating; it’s all been stuck in the banking system, turning into deposits and low-risk assets. No matter how much money the rich have, their consumption is still limited.
It seems unreasonable because the circulation of money will always occur depending on the size and the banking sector feels that it cannot be forced according to their wishes.
Poor and rich are inseparable from each other even though the poor can become rich.
That is why banking will give up when no one trusts them anymore with people (rich and poor) no longer willing to save money.