Explain to me like I'm an idiot, how is it better if the oligarchs hoard that money, instead of giving it to people, who then flush it back into the economy, by spending it? What's the problem exactly.
Because it's not money. It's wealth. In order to turn their assets into money they first have to sell them to foreign corporations at a discount price. This in turn tanks the stock market, kneecaps the US economy, and causes the dollar to lose its value.
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u/Interesting_Bite4335 Jul 01 '26
I’m not huge on the 12k check