• intensely_human@lemm.ee
    link
    fedilink
    arrow-up
    5
    arrow-down
    1
    ·
    1 year ago

    Yeah it only works on the money. Holding income-generating assets isn’t affected because people can increase rents to maintain the same income stream.

    • ungoogleable@lemmy.ml
      link
      fedilink
      arrow-up
      4
      ·
      1 year ago

      Income-generating assets are doing something to generate that income, which is presumed to have some beneficial effect on the economy more than cash sitting under your mattress does.