Bernie Sanders Just Won Support from the Most Unlikely Person

Bernie Sanders is receiving some unlikely support as of Wednesday.Asher Edelman, the inspiration for Gordon Gekko in Oliver Stone’s “Wall Street,” was asked on CNBC’s “Fast Money” who would be his choice for the next President of the United States. He quickly responded, “Bernie Sanders… No question.”

When pressed for further explanation, he began setting up his answer by saying, “I think it’s quite simple again. If you look at something called ‘velocity of money… That means how much gets spent and turns around…” and then continued:

“When you have the top one percent getting money, they spend five-ten percent of what they earn. When you have the lower end of the economy getting money, they spend a hundred, or a hundred and ten percent of what they earn. As you’ve had a transfer of wealth to the top, and a transfer of income to the top, you have a shrinking consumer base, basically, and you have a shrinking velocity of money.”


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