Post
Topic
Board Economics
Re: The economy is bad because the poor have no money.
by
YOSHIE
on 27/01/2025, 13:17:05 UTC
The economic recession isn’t due to a lack of money in the market, but because the poor have no money. Essentially, the money isn’t circulating; it’s all been stuck in the banking system, turning into deposits and low-risk assets. No matter how much money the rich have, their consumption is still limited.
Yes, it makes sense, the most money should be circulating in traditional markets, where the most traditional markets are their poor shopping, if the economy is circulating stable in traditional, it will be clearly visible economic growth.

Of course, if money accumulates with rich people, they don't want to shop at traditional markets, they prefer to spend their money in malls and supermarkets, so it's enough if money circulates where rich people live, it's a little difficult for poor people for their economic growth, We see a lot of traditional markets nowadays with no buyers, because money is no longer circulating among those who are poor, money is now circulating among those who are rich, so nowadays it can be said that 'the rich get richer and the poor get poorer' that is the world economic situation At the moment.

Maybe in malls and supermarkets, the money circulating per year is $100 million / rich, whereas in traditional markets it's only $1 million / poor, that's the current economic condition, the comparison.