this post was submitted on 23 Sep 2024
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"The economy" is just money in motion. Like how electric charges moving create light, moving money carries and creates value in the exchange. When rich people soak up money from millions of people, they destroy all that value and the economy stagnates. When millions of people are given money and then spend it in millions of ways, the global economy improves.
We optimize our economy around stagnate money sitting in septic pools, when we should be trying to build an ocean of money that never stops flowing.