r/PeterExplainsTheJoke 8h ago

Meme needing explanation Petah?

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u/[deleted] 8h ago edited 7h ago

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u/Own_Policy8854 8h ago

We could redistribute wealth to prevent it from pooling and creating economic disasters in the first place.

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u/[deleted] 8h ago

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u/meltyandbuttery 7h ago

Not necessarily. Velocity is one of the core components of inflation. Policies that target this would change the risks

For example theoretically (hand waving a million variables) a wealth tax for single-payer healthcare encourages more movement through regular goods and services