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by darkerside 2117 days ago
I'm happy to present one as an example. If be happy to continue discussing it past that as well, as long as you are willing to converse and not argue.

Wealth in the hands of a few becomes static. Jeff Bezos can only buy so many jets. When you leave it there, the entire economy stagnates.

1 comments

As most of Bezos' fortune is in Amazon stock, this money is not exactly sleeping.
Fair point, and same probably goes for other billionaires, who have their money in a variety of investments. That probably does a lot to juice the stock market, pumping up valuations, but it doesn't do as much to generate actual economic returns. Happy to be educated otherwise.