Post
Topic
Board Economics
Merits 2 from 1 user
Re: The economy is bad because the poor have no money.
by
IjawMan
on 17/08/2025, 23:22:33 UTC
⭐ Merited by EluguHcman (2)
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.
A whole lot of  murmurings in my country within the lower class about how bad the economy, and of a truth the economy is bad so it is not lio they are giving unverified complains about the economy but with all these murmurings about the bad state of things in the country new mansions are been built, exortic cars  are roaming across the roads, clubs are buzzing with crowd in there every weekends etc.
Now the emphasis is that there is available money that is sufficient to go round save only for those that are offering value in the system.  The value they offer attracts money to them like magnet attract steel. Money in the present world economy circulates where value resides.