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/sci/ - Science & Math

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3956863 No.3956863 [Reply] [Original]

I think I figured out America's economic problem.
We have a 3 trillion dollar economy (in terms of actual productivity), roughly. Normally this omney is in circulation, but recently more and more of it has been ending up circulating in a closed pool of insular businesses, forming an oligarchy of sorts as several persons control dozens of businesses and their cashflow.

Now with the recent issues in the market, the oligarchy is holding on to their money to keep themselves rich, which cuts down our economy in half in terms of monetary value because a large amount of it is being hoarded.

Is this about right?

>> No.3956870

Hoarding money keeps prices low.

>> No.3956884
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3956884

>>3956863
Hmm.. sort of. Not really. No. Do you even know what you're asking?

It's true that the wealthiest investors control too much money, preventing it from circulating (this doesn't mean that everyone should own an equal amount of property -- just that too much concentration of wealth is bad).

However, the government is actively attacking businesses that try to make a profit, while helping businesses move jobs overseas. That's bad economic strategy. We should reduce the red tape involved with hiring workers here and start raising tariffs on imported Chinese goods.