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by _uhtu 978 days ago
The book that much of this is based on, On The Clock, is very good and I'd recommend it.
1 comments

Or we live in a demand starved economy and the fastest way to stimulate Gdp is getting dollars into the hands of people that will spend it.

If all the money is owned by the rich, that is only a fixed number of brain cycles to buy things

In addition, advancement in technology really comes from mass markets, and the masses having money funds those economies of scale that delivers life enhancing or saving technology to everyone.

But I'll admit I don't have numbers.