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Thursday, November 21, 2024

Redistribution from the bottom 90% to the the top 10%: How do they do it?

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Because almost all of our money is ‘on loan’ from banks, someone has to pay interest on nearly every pound in the UK. This interest redistributes money from the bottom 90% of the population to the very top 10%. Meanwhile, inflated house prices and financial instability all lead to a growing gap between the poor and the rich. How it works

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