Interest rates dictate wealth distribution and economic growth, study finds.
The article discusses how money and interest rates affect how wealth is distributed in society. It explores how interest rates impact prices, wages, and investment decisions. The researchers compare different economic theories from historical figures like Smith, Ricardo, and Marx to understand the relationship between interest rates and profits. They also analyze how competition and pricing strategies influence distribution of wealth. Overall, the article aims to explain how money and interest rates play a crucial role in determining how resources are allocated in an economy.