An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
All the rewards of productivity are going to wealthy people who are looking for a place to earn a return on their wealth. This bids up stock and other asset prices. Old car prices are going up because the average Joe is making less than he used to make and can't afford a new one. Until something is done to share the wealth only the wealthy will prosper.
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All the rewards of productivity are going to wealthy people who are looking for a place to earn a return on their wealth. This bids up stock and other asset prices. Old car prices are going up because the average Joe is making less than he used to make and can't afford a new one. Until something is done to share the wealth only the wealthy will prosper.
Its all online brokers now...
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