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by bigbadfeline 329 days ago
> No, the people aren't forced to buy any stock. They keep the money uninvested or whatever they want, as long as they don't spend it.

There's no such thing as "uninvested", unless the money is in the form of currency under a mattress but this would create such a mess that if Keynes hears about it he won't stop spinning in the long term.

And what the fresh hell is to use money for "whatever they want, as long as they don't spend it"... excluding the mattress, what else can you do with money?

You're simply throwing ideas at the wall without understanding their implications, if you're human you've got to take some econ classes and find an example that is close to what you propose - everything has been tried at some point or another - then we'll have something real to discuss.

1 comments

They can start a company, they can put it in the stock market, they can invest it in a friend's company, they can invest in land, or in developing land, they can invest it in a fund, etc.
So you say, they can spend it on any of these assets. It's still spending and it's forced spending on the asset market for the benefit of rich asset owners with the associated risk of lost shirts - I've already addressed it before.

You're moving in circles and not providing the historical example I asked for. Let's get real, shall we?