Not at all! It only redistributes work toward what rich people want. Investing into something actually useful would be much better. Scenario A: yacht is boug

Not at all! It only redistributes work toward what rich people want. Investing into something actually useful would be much better. Scenario A: yacht is bought - economy is redirected toward luxurious yacht building, people get paid to work on building a yacht Scenario B: investment into housing - economy is redirected toward house building, people get paid to build houses scenario A can be a good one only when this people would be unemployed and seeking a work otherwise. Or if you think that building luxurious yachts is more important than alternatives.