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Yesterday's Economics Class Banger (lemmygrad.ml)

submitted 2 days ago by knfrmity@lemmygrad.ml to c/comradeship@lemmygrad.ml

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Billionaires are necessary because they take money out of circulation, providing some deflationary pressure to the monetary system. If we were to distribute all their wealth, we'd have such high inflation that the entire economy would collapse.

A Reddit brained economics teacher

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[–] bunbun@lemmygrad.ml 22 points 2 days ago

The economy is healthy when nobody uses money

Economics teachers, apparently.