> The money will quickly flow to employees and then to everything else. Sure, I never said it was the rich people that had to do the spending, so we don't disa

> The money will quickly flow to employees and then to everything else. Sure, I never said it was the rich people that had to do the spending, so we don't disagree there, but if "inflation" as commonly measured (CPI, say) is to occur, the prices of consumer goods have to change, and someone at some point has to buy some, whether it's the rich people or their employees, and if it's the latter it requires that the former sink their money into something that employs people. The author suggests that this happens less reliably than it used to (that they hoard cash, or I dunno, gold? whatever -- something societally unproductive)