Zarmeck

joined 2 years ago
[โ€“] Zarmeck@sh.itjust.works 10 points 3 days ago (1 children)

You're forgetting that this money would exchange hands multiple times per year, per person. Expenses are revenues; we're all connected.

But when some people put billions aside (in non tangible stuff like stocks), they're effectively reducing the buying power of everyone else. Slowly but surely. They are a net negative just by their mere existence.