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Joined 2 years ago
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Cake day: June 13th, 2023

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  • This is one thing that those supporting runaway capitalism don’t seem to understand. Money ultimately flows up. It relies on a bunch of people closer to the bottom to start that flow. The more people taking part, the better. Each consumer can put in a little if the number of consumers is high.

    If market prices go up so far that the people at the bottom can’t initiate that flow, then the system fails. Money doesn’t flow at all, and those at the top start taking losses. Dominoes fall. The system needs consumers to be able to afford goods. It’s one reason why prices cannot just go up until the end of time. You can’t squeeze blood from a stone.

    But so many of these rich folks now are under the impression that money just flows in without understanding from where. Prices just go up, as if it were an infinite money glitch. These people will eventually have an awakening.