This shows the need for basic income. Now the central banks are geared toward giving money to the Have's, the people owning assets, by popping up the asset price one way or the other.
Since the money need to be printed anyway, might as well give it directly to ALL of the people. At least the money will be spent to drive the economy. Printing money to pop up asset price just locks up the money in the asset and won't be used.
Since the money need to be printed anyway, might as well give it directly to ALL of the people. At least the money will be spent to drive the economy. Printing money to pop up asset price just locks up the money in the asset and won't be used.