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by whakim
1879 days ago
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Economics tells us that the marginal propensity to consume is higher among low-income individuals than high-income individuals. So without delving into the details, I think it's reasonable to assume that a much greater percentage of investors in crypto/meme stocks/etc. are wealth(ier) individuals. Not to mention that those wealthier individuals just have a lot more money to invest in the first place, far and above a few stimulus payments. |
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