Skip to content
Better HN
Top
New
Best
Ask
Show
Jobs
Search
⌘K
0 points
RandomLensman
2y ago
0 comments
Share
The money is not siphoned out of the economy (unless it all leaves the US/World). The money made in finance is just as any other money, i.e., it is used to consume, invest, save etc.
Btw., no-one is forced to trade incessantly, either.
undefined | Better HN
0 comments
default
newest
oldest
stouset
2y ago
The money technically being “in the economy” is cold comfort to the workers whose COL has steadily increased while wages have remained flat.
twoodfin
2y ago
https://fred.stlouisfed.org/series/MEHOINUSA672N
j
/
k
navigate · click thread line to collapse