6 ms·
There is a concept called velocity of capital. The IMF believes that the current wealth distribution lowers that velocity, and thus weakens the economy [0]. How
by cmdrfred 10y ago
There is a concept called velocity of capital. The IMF believes that the current wealth distribution lowers that velocity, and thus weakens the economy [0]. How you distribute that money can be a matter of debate but the fact that it would be beneficial for most people to do so is not.
[0]http://www.economist.com/blogs/economist-explains/2015/06/economist-explains-11 http://www.economist.com/blogs/economist-explains/2015/06/ec...