Zap

Income Inequality & the Causes of Poverty | Positive Money

Not just the UK, either:

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.

via Income Inequality & the Causes of Poverty | Positive Money.

Leave a Reply