[hueving]

> that capital is a positive feedback loop

This requires a lot of the investment environment that isn't a given. Capital loses its feedback loop if inflation outpaces economic growth or if the quality of investment opportunities declines significantly.

There is no given that just having $10 million dollars means it will be easy to outpace inflation and not end up with less.

[K0SM0S]

Having 10 million dollars as of 2019 and being unable to at least keep up with inflation means making terrible choices, many, many times over.

[jessaustin]

With that much money you basically have to make a single phone call to Vanguard. With slightly less you have to spend more time on the phone...

[hueving]

Said everyone during a bull market

[sandstrom]

I think capital would usually be some real asset (building, factory, stocks, etc) and not cash, and if so shouldn't be affected by inflation.

No expert though, I may be wrong :)