• Kecessa@sh.itjust.works
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    2 months ago

    Even when putting more money in the hands of people who make way more than what they need to afford the basics will result, in most cases, in them spending it instead of saving. You see it very clearly in regions that rely on industries like mine, people’s personal finances boom and burn… They have jobs making 150k/year and buy a big house, a truck, a quad, a snowmobile, a sports cars, motorcycles, name it, the second things slow down they can’t afford to make payments on any of that because they never saved a cent.