@energiepiratenergiepirat@mastodon.social
May 12, 2026, 2:05 PMVom Internationalen Währungsfonds:
During the Great Depression, Federal Reserve Chairman Marriner Eccles warned that excessive saving by the rich was draining demand and deepening the downturn. “To protect them from the results of their own folly,” Eccles told the Senate in 1933 testimony, “we should take from them a sufficient amount of their surplus to enable consumers to consume and business to operate at a profit.”...
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