Why does a cheap money low interest economy once again favor the rich and penalize the poor and middle class?

1 Answer

Answer :

The current real estate market here definately favors the rich, as new homes are not as plentiful, so there are bidding wars for available homes, which knock out the poor and middle class potential buyers from the purchase.

Related questions

Description : Suppose some students indulge in porno graphic painting in the school's toilets and other places on walls and you nab a student busy with the work, what option will you prefer with the students? ... whole class D) You diagnose the group of such students and regularly keep vigilant eyes on them.

Last Answer : You will reasonably punish him and ask him not do it again

Description : Where do you draw the line between being poor, middle class, rich, etc.?

Last Answer : Poor - too much month left at the end of your paycheck. Food insecurity is part of your life. Middle class - Able to pay rent or house payment, able to pay bills and take an occasional ... for retirement. Rich/wealthy - Annual income is well above level to maintain standard of living at retirement.

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Last Answer : (4) Rich Explanation: A group of economists including Keynes is of the opinion that 'inflation, in one form or the other, is a factor which helps economic growth. Usually, it is argued that ... margin-al propensity to consume of the wage- earners because of their near-subsistence level of income.

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Last Answer : Rich

Description : 'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.

Description : ‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : the co-existence of public as well as private sector

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries 

Last Answer :  Co-existence of public and private sectors

Description : If the middle disapeared which end would you want to be on, the rich or the poor?

Last Answer : i would be on the rich and i have never been ruthless. I would give most of my riches away to the poor.

Description : If a health insurance provider penalizes a person for smoking, shouldn't they penalize overweight people too?

Last Answer : answer:Isn't that their business? Are you concerned the fat people aren't paying enough - or that the poor insurance carriers aren't making enough money? The important thing is that this is but one more ... allowed to smoke in the privacy of their homes only - and that is if they have no children.

Description : If you have bills sent to collection do they penalize you by number of bills unpaid or amount or both?

Last Answer : Yes, you should pay them. How will ignoring a bill based on your opinion of the amount ever help you? You let them go to collection through choice? Or because you couldn’t pay?

Description : “The rich households are availing cheap credit from formal lenders whereas the poor house holds have to pay a heavy price for borrowing.” -SST 10th

Last Answer : . The formal sector still meets only about half of the total credit needs of the rural people. . The remaining credit needs are met from informal sources. . Most loans from informal lenders ... the rich households who receive formal credit whereas the poor have to depend on the informal sources.

Description : Is pointing out Republican rich-guy class warefare against the poor class warfare?

Last Answer : answer:Everyone should read their Orwell. Whenever I hear right-wing claims of racism, it's usually an attempt to stop racism. The right is great at co-opting terms that have meaning in one ... warfare is justified by pulling out the class warfare card when people try to stop their actions.

Description : A low interest policy is also known as – (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy

Last Answer : (1) cheap money policy Explanation: Cheap money policy involves loan or credit with a low interest rate, or the setting of low interest rates by the central bank of the country. Cheap money is ... , but bad for investors. Cheap money policy was one of the primary catalysts of the 2008 recession.

Description : Cheap Money means - (1) Low Rate of Interest (2) Low level of Savings (3) Low level Income (4) Excess of Black Money

Last Answer : (1) Low Rate of Interest Explanation: Cheap Money' is a loan or credit with a low interest rate, or the setting of low interest rates by a central bank like the Federal Reserve. Cheap money ... see the same low interest rates on investments like savings accounts, money market funds, CDs and bonds.

Description : Cheap money means - (1) Low rates of interest (2) Low level of saving (3) Low level of income (4) Low level of standard of livtrig

Last Answer : (1) Low rates of interest Explanation: Cheap money is a loan or credit with a low interest rate, or the setting of low interest rates by a central bank like the Federal Reserve. ... funds, CDs and bonds. Cheap money can have detrimental economic consequences as borrowers take on excessive leverage.

Description : A low interest policy is also known as : (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy 

Last Answer : cheap money policy

Description : How do the middle class poor afford dental care?

Last Answer : Cross your fingers and hope someone will offer a payment plan. :(

Description : The National Educational Policy of 1979, recommended also about the public schools Options: A) their uniquencies and traditions have to preserved the interests of the best talents of the country B) they ... D) suitable ratio has to be maintained for admission of middle class and poor student also.

Last Answer : D) suitable ratio has to be maintained for admission of middle class and poor student also.

Description : Why would giving money to the rich motivate them, but giving it to the poor make them lazy?

Last Answer : answer:I think the idea is that the rich supposedly earn their money so we let them keep it, not giving it to them, to encourage them to make more. The poor are just getting an outright handout, making them lazy

Description : There was a poor man sitting in a restaurant and a rich man came in. The poor man said that he could sing any song in the world if he was given a name. The rich man bet all the money in his ... The poor man went away rich and the rich man went away poor. What song did the poor man sing? -Riddles

Last Answer : Happy birthday.

Description : The male students of your class are annoyed with you' on the pretext you have been easily approached the girl students and do a favor to them (girls). In such an embarrassing situation how would you like ... it is difficult for you refuse the request made by female students. (d) None of the above.

Last Answer : (a) You will tell the male students that girls have no option except to depend on the school teacher for their academic assistance.

Description : Would it help an economy if money expired and did not “earn interest” after a time?

Last Answer : No. Everybody could go on the “Dole” and nobody would work . . . then what @RedDeerGuy1 ?

Description : The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic ... A. Economic Policy B. Monetary Policy C. Fiscal Policy D. Credit Policy E. Budgetary Policy

Last Answer : B. Monetary Policy Explanation: Monetary Policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control over ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.

Description : As the wealth gap widens between the rich and the poor. Why do companies and corporations seem not concerned that before long there will be very few people left that can actually afford their goods and services?

Last Answer : answer:Short-term Because the people at the top know it's a pyramid scheme and already have their exit strategy in place once they are done looting everything. Long-term goods and services will ... access them it all comes toppling down. It's destined to fail eventually since resources are finite.

Description : Is it better to steal from a rich person or a poor person?

Last Answer : answer:The difference is that stealing from poor people isn't newsworthy. Seriously. Take the last couple of weeks in my area: Big apartment fire puts 12 families out of house and home. Page whatever ... a servant's entrance - burns down his own kitchen with a BBQ grill, front fucking page news.

Description : Do we need rich people and poor people?

Last Answer : answer:It would impossible to NOT have rich and poor. We all have different abilities and talents, and for that matter, different mental abilities. You might be able to narrow the gap between rich and poor, but it could never close.

Description : If you know this story, does it sound like they want rich enough people to pay the same as the poor?

Last Answer : answer:I'm not really following the story but from the article you link to, I don't see how one could interpret this as anyone saying anything about the rich or poor at all. The only thing in ... least, anything in it where anyone has said anything about the rich or the poor. Am I missing something?

Description : Will poor people always be poor and have less opportunities than rich people?

Last Answer : answer:One could make the argument that poor people have far MORE opportunities to succeed. They start so much further down the economic ladder that they can take advantage of all sorts of paths to ... so the number open to them is somewhat smaller. It seems counter-intuitive, but it is logical.

Description : Would the biggest shock be those who were dirt poor but became filthy rich, or those who were insanely wealthy and ended up below the poverty line?

Last Answer : I think going from very poor to very wealthy. Maybe I’m wrong, but it just seems far less likely, realistically. On the other hand, a fortune seems relatively easy to lose.

Description : What things do you think the rich wonder about the poor and vice versa?

Last Answer : How you would find humor in being poor is beyond me.

Description : With a gambling addiction, is it different for poor people than it is for the rich?

Last Answer : It comes down to disposable income doesn’t it? For the rich it’s an addiction where the money is secondary, wheras with the poor, the prospect of a big win in terms of cash fuels their chase.

Description : Why is it that people tend to respect the rich rather than the poor?

Last Answer : answer:Welcome to Fluther :) To many people, the rich seem to be an elite group of people. They often get special treatment. Many times, it seems the laws of the land are more lax for the wealthy. ... people ..are other rich people (and young adults). My answer is brief as I need to leave shortly.

Description : Just where is the line between poor and rich?

Last Answer : It’s all in the mind. (IMHO)

Description : Should society really punish the rich or is it just sour grapes of the poor?

Last Answer : IMO Tax wise, I think the rich punished plenty, it is that 50% of the wage earners who pay little or no income tax and many of them actually get money back. That I think is a pretty unfair ... pay little or no taxes are the ones who bitch the loudest about how crummy our government is. Go figure!

Description : Do you believe the poor are that much better than the rich?

Last Answer : answer:I personally think that the feeling of accomplishment and sense of satisfaction I get from a job well done is an endorphin for me. Those who do not work never get to experience that feeling. ... souls who try are ridiculed and bullied for their efforts, not to mention robbed of their reward.

Description : Are your parents rich or poor?

Last Answer : answer:I grew up “poor.” But everyone in the neighborhood thought we were rich. It’s not what you have that proves your “wealth” but how you use what is available. I would of had it no other way. Both my parents, without education and getting a very late start in life are retired and comfortable.

Description : Why do the rich look down on the poor?

Last Answer : It’s just the way it is – and has always been.

Description : Why is it that the poor hate the rich so much?

Last Answer : because the riches often intentionally or unintentionally rape the poor every single day. would you hate if you were asked to get raped everyday and your only choice is to enjoy it more?

Description : According to Marx, the poor are more deviant than the rich...

Last Answer : I’m curious about your source. Do you have a citation with which to support that attribution? Some context might help us respond.

Description : I am more powerful than god and more evil than the devil. I am what rich people want and what poor people have. I can never die. What am I? -Riddles

Last Answer : I am nothing.

Description : The poor have me and the rich need me. What am I? -Riddles

Last Answer : Nothing.

Description : Poor people have me. Rich people don't. But if you eat me, you will die. What am I? -Riddles

Last Answer : Nothing.

Description : What do the rich need and poor would be helpless with? -Riddles

Last Answer : Nothing.

Description : Poor people have it, Rich people need it, If you eat me you'll die. What am I? -Riddles

Last Answer : Nothing.

Description : The rich people want me, the poor people have me, if you eat me you die. What am I? -Riddles

Last Answer : Nothing.

Description : What is something the poor have, the rich need and if you eat it you die? -Riddles

Last Answer : Nothing.

Description : What do the rich need, and the poor have, and if you eat it you die ?? -Riddles

Last Answer : Nothing.

Description : Poor people have it. Rich people need it. If you eat it you die. What is it? -Riddles

Last Answer : Nothing.

Description : What a poor man has, a rich man wants and if you eat it you die? -Riddles

Last Answer : Nothing.