So, no, my thinking is not flawed. The poor do carry money. Why they are considered poor and live in conditions one would consider poverty is another thread for another time.
I want you to write this thread on poverty and how it does/doesn't align with your whole "fairness of the free market" ideals so badly.
I'll give it to you simply: My lineage from my parents upward is poor farmers, military veterans, construction workers and inevitably slaves of the Spanish Empire. After meeting my great-grandmother who raised 16 children out of a tin shack, I can say from a first-hand perspective that a good majority of the world's impoverished are the happiest people on the planet.
I meant something along the lines of why you believe poverty exists, not whether you believe they are already happy with their lot (or lack thereof?) in life.