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Inequality: Why are the rich getting richer?

Positive Money UK

Inequality: Why are the rich getting richer?

A three-minute Positive Money UK explainer arguing that the commercial banking system, where banks create most money as debt, redistributes income from the bottom 90 percent to the top 10 percent through interest.

HN commenters mostly drop it as a reference on money creation and public banking, in threads about banks, rentier economics and monetary reform.

5 Hacker News mentions · 2020–2021

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