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In many ways, I'll describe two. The newly created money is worth more when it's new. When the average person finally receives the money, the value is worth le
by code4life 13y ago
In many ways, I'll describe two.
The newly created money is worth more when it's new. When the average person finally receives the money, the value is worth less through inflation.
Secondly, the rich can borrow money from the fed at 0%. Then they can buy bonds from the government and receive interest on that. How does the average person do that?