▲ | phyzix5761 4 days ago | |
These are non real estate assets so they're already circulating through the economy in some way or another. It wouldn't cause inflation. | ||
▲ | arbor_day 4 days ago | parent [-] | |
They said "net worth" which is assets not cash that's being spent. M0 would shoot up which causes inflation. If they said "income" it'd still shoot up the velocity of money, since poor people have higher spending rates. |