Yes, and... Poor people buy goods, driving a productive economy. Rich people buy financial vehicles. Yeah yeah yeah liquidity makes it easier for businesses to

Yes, and... Poor people buy goods, driving a productive economy. Rich people buy financial vehicles. Yeah yeah yeah liquidity makes it easier for businesses to raise capital... tired old bollocks. However seductive the reasoning may sound, it's turned out to be bullshit every time it's tried. If the financial sector is the most profitable part of your economy, you've got it precisely the wrong way round. Predicating your economy on appeasing the rich is like putting accountants in charge of a company - the headline numbers look good for two years, then it dawns on you that you don't have any products to sell. You get a more vigorous economy when the poor people can take part, because while they may not spend much, there's a lot of them.