• Ryan James Carlson

Why the rich do not suffer from “dependency”

Fox Business: “Officials at several large banks are concerned about the potential for class warfare because hedge-funds, brokerages and law firms are hoovering up free money intended for actual needy small businesses – and they are not changing the rules for the second round for some reason. More free money for hedge funds while small-fry miss out and gig workers who actually need money face delays, red tape and shaming from the Labor Secretary.

Why do rich people not fall into the (mythical) “dependency trap” when they receive free gifts? Answer: Because when the gift is $10 million you don't need more until they offer you the next round.

#ClassWarfare #HedgeFunds #DependencyTrap #Rich #Inequality #Plutocracy

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