Why is there an economic depression?
Many people misunderstand economic depression, thinking it means society has no money.
In reality, an economic depression occurs when the gap between the rich and the poor is too large, and money cannot circulate.
In a society where 5% of the population holds 95% of the wealth, any measures to stimulate domestic demand or promote consumption ultimately become futile!
No matter how many banknotes are printed, they end up in the pockets of the rich or flowing back to banks, failing to generate consumption or even investment.
During a major economic depression, money cannot circulate at all.
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