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highfrequency 7 days ago

Careful not to automatically slip into a zero sum mindset - it is possible that low interest rates benefit everyone even if the benefits disproportionately go to one class over another. (Example: lowering interest rates after the Financial Crisis - certainly good for banks, but lowering unemployment is critical for normal people too).

In the same way that UBI would disproportionately benefit poor people, but considered with its downstream effects could benefit rich people too.