Quote:
Originally Posted by blankall
That would make landlords very happy. There's a housing shortage. Increasing money supply in the lower economic sectors is going to further increase rent.
As long as there's a combo of high immigration and heavily zoned/controlled housing supply, things will not get better.
We're also getting closer to a point where the rich aren't so much much earning cash, as they are already owning capital or inheriting it. Taxing the upper middle class is going to make this problem worse.
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Better than raising interest rates.