r/politics The Netherlands 1d ago

Soft Paywall Obama Breaks Silence on Trump’s ‘Unimaginable’ Presidency - “Imagine if I had done any of this,” the former two-term president said.

https://www.thedailybeast.com/obama-breaks-silence-on-trumps-unimaginable-presidency/
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u/alextheruby 1d ago

He would’ve been a$$assinated

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u/BigBoyYuyuh 1d ago

You know…typically the only time rich people get punished is when they lose other rich people’s money. He’s losing everyone money. Lew Squeegee

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u/DimbyTime 1d ago

Rich people will still come out even better after all of this. Tanking the economy will allow them to buy up more and more land, homes, and other assets that working class folks Will no longer be able to afford

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u/yesrushgenesis2112 1d ago

There is a hard limit to this, unless they plan to move back to the gold standard. Buying land on the cheap is useless if everyone is too poor to afford rent. Or, for agriculture, if no one will come labor upon it. And with a fiat currency, that value is only ever held with the backing of the state.