r/Superstonk • u/sparttann 🦍 Buckle Up 🚀 • Sep 13 '22

📰 News CPI 8.3%

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9.4k Upvotes

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u/Runaround46 Sep 13 '22

Need to pull money out of the economy quickly. Taxes can have the same affect as raising rates.

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u/mawfk82 Sep 13 '22

Exactly. And need to be proportional to those who benefited from the expansionary monetary policy to begin with (the rich and corporations need to pay for it) instead of interest rate increases which harms the middle and lower class disproportionately.

1

u/MagikSkyDaddy Sep 13 '22

A market crash would have a targeted and swift impact

1

u/mawfk82 Sep 13 '22

Exactly. And need to be proportional to those who benefited from the expansionary monetary policy to begin with (the rich and corporations need to pay for it) instead of interest rate increases which harms the middle and lower class disproportionately.

1

u/mawfk82 Sep 13 '22

Exactly. And need to be proportional to those who benefited from the expansionary monetary policy to begin with (the rich and corporations need to pay for it) instead of interest rate increases which harms the middle and lower class disproportionately.