Econ 101

The Velocity Of Money.

For knuckleheads like me:

I get paid $10. I buy a 10-dollar lunch from a street vendor. That guy spends $10 on gas. The gas station clerk pays the babysitter $10, and the babysitter spends $10 on earrings.

That one-time $10 payment to me has generated $50 dollars in Economic Value. This is very good for the economy.

You put money into the pockets of rich people, and they save it, or they assign it to some longterm investment plan or whatever - not thoroughly awful, but certainly not as good.