Economic distribution is just an abstract term with a very concrete meaning: that any economic change will create winners and losers. Every innovation means that more use is made of some resources than of others – this can improve our welfare, our health, and our environment.
In a nutshell, I believe that the factors of globalization, deregulation, and financial innovation, arising partly in response to episodes of high inflation, have effectively eroded the central bank monopoly on the provision of monetary services and have enhanced global competition among currencies.