Do you support welfare for rich people?

lightbulb27
Do you support taking money from working class people and giving it to rich people?
The governments have been implementing "Quantitative Easing" (QE) for nearly a decade in order to bail out the banking system. Before that, in the USA, theve done other bailouts when there was systemic risks.
Muffy, the portfolio is only up 5% this month, lets switch to the Porsche, gets better mpg than the Rolls
Muffy, the portfolio is only up 5% this month, lets switch to the Porsche, gets better mpg than the Rolls
https://finance.yahoo.com/news/big-shorts-steve-eisman-quantitative-222411195.html

QE is simply put... creating money and passing it out somewhere. It inflates the price of assets... which in general, rich people own. Stocks, bonds, real estate, cars. Rich people own stuff, so they get the $ and they aren't taxed on that until they sell it. People who hold cash or don't hold much cash lose out because the cost of everything goes up... rent, food, fuel, etc..

If governments did not QE, the price of the stock market and other assets would drop precipitously and rich people... assumably if they did not move out of the way fast enough,... would lose a lot of wealth. There would be consequences for everyone as the system re-balanced.

Both Dems and Republicans have supported welfare for the rich. Do you?
Yes, take care of rich people
Vote A
No, they don't need welfare
Vote B
No way our government takes care of rich people, lie
Vote C
Results
Vote D
Select age and gender to cast your vote:
GirlGuy
Do you support welfare for rich people?
1
11
Add Opinion