This might sound uneducated since I don’t know much about the economy but hear me out, without lower class people and people in poverty, would the dollar still be worth as much as it is?
Since there are people who don’t have as much money as others and there are poor people who don’t have any money, is this what gives money it’s value? Without poor people wouldn’t that just lead to a currency being worthless since everyone has enough of it? Am I wrong? I’m not sure
Submitted December 31, 2020 at 06:20AM by Big-Decision87
via reddit https://www.reddit.com/r/economy/comments/knobqd/this_might_sound_uneducated_since_i_dont_know/?utm_source=ifttt