Plutonomy
An economy whose growth and health are heavily influenced by the activities of a wealthy minority. The US economy was described as a plutonomy between 2003 and 2005, as growth continued despite high interest rates and a high national debt.
An economy whose growth and health are heavily influenced by the activities of a wealthy minority. The US economy was described as a plutonomy between 2003 and 2005, as growth continued despite high interest rates and a high national debt.
