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RE: LeoThread 2024-12-28 05:31

in LeoFinance5 days ago

Part 5/8:

The discourse around inflation took center stage as Payne connected government spending with the intensified economic strain on the average American. He referenced data indicating that the lower-income brackets utilize stimulus funds swiftly, contributing to a cycle that ultimately benefits higher-income tiers. By laying out this argument, he invoked a broader critique of monetary policy that, according to him, has largely ignored the realities of the working class.

Historical Parallels: The Gilded Age and Current Trends