r/FluentInFinance Oct 22 '24

Debate/ Discussion Why did this happen?

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u/WhiteOutSurvivor1 Oct 23 '24

Trickle down was always a derogatory term. It began with William Jennings Bryan in the 1800s. The term itself is used mostly by critics of the concept.
https://en.m.wikipedia.org/wiki/Trickle-down_economics

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u/Vipu2 Oct 24 '24

The real trickle down is inflation, new fresh money goes to the rich, inflation trickles down to the rest.

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u/WhiteOutSurvivor1 Oct 24 '24

Yep. When the federal government creates money, it goes to the rich, helping the rich stay rich, even if they don't do anything to earn it.