Toddsterpatriot
Diamond Member
It does to the extent there is that liquidity in the markets to engender a positive multiplier effect.Solving simple poverty and ensuring capital circulates, does that.A Seed Doesn't Grow by Sitting on ItSolving simple poverty and ensuring capital circulates, does that.No what the biggest thing that would help labor? Get rid of Health care tied to employment, you'd see a boom like the US had post WW2 if we had single payer UNIVERSAL HEALTH CARE like every other developed nation!
Money only represents products or potential products. Once the products are consumed, more have to be produced, which won't happen if too many consumers aren't producers. Imagine a food supply distributed your way, with people loafing who should be farming. That brings on starvation.
The poor tend to spend most of their income on consumable goods and services.
Handing poor people cash doesn't increase GDP.
Yeah, wasting money by handing it to poor people doesn't have a positive multiplier.