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> Money flows in one direction only, toward the top. This, taken literally, is clearly false (the wealthy do in fact buy things and pay for services / employee
by drdeca 4y ago
> Money flows in one direction only, toward the top.
This, taken literally, is clearly false (the wealthy do in fact buy things and pay for services / employees).
So, as you don't mean it literally, what do you mean?
- MattPalmer1086 4y agoIt's a fact that the majority of wealth increase has gone to the already wealthy over the last few decades. So while not literally true (clearly some money flows in other directions), it is broadly correct.
- throwaway290 4y agoIt's known as the "it's cheaper to be rich" paradox. You save on buying in bulk and using better made products with longer lifespans, afford better education that makes you more difficult to fool and gets you a higher paying job, make more returns by investing more money, conserve willpower for important decisions by not having to choose between soap and bread at the store.