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News@lemmy.world · 6 months ago

72% of Americans Say the Rich 'Have Too Much' as GOP Pursues Another Handout for Billionaires

www.commondreams.org

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72% of Americans Say the Rich 'Have Too Much' as GOP Pursues Another Handout for Billionaires

www.commondreams.org

return2ozma@lemmy.world to

News@lemmy.world · 6 months ago

72% of Americans Say the Rich 'Have Too Much' as GOP Pursues Another Handout for Billionaires | Common Dreams

www.commondreams.org

A newly released survey underscores that "Americans have a solid grasp of the highly unequal concentration of wealth in the United States—and they think it's rotten."

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iopq@lemmy.world
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6 months ago
No, because they are allowed to do partial reserves. I assumed a reserve ratio of 10:1
- sqgl@sh.itjust.works
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- sqgl@sh.itjust.works
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  6 months ago
  OK, thanks but then that raises another question: Doesn’t expanding the money supply devalue the dollar?
  - iopq@lemmy.world
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    6 months ago
    Yes, that’s why the Fed in raising the interest rates actually lowers inflation

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