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by gutino 2013 days ago
The article is fundamentally wrong, the only way whealth would not trickle down is if the rich will bury their money or destroy it. Think about it:

> When the rich buys a Yat, cars, houses, vacation, -> give money to those who produces those goods/services.

> When the rich saves money, typically it does through financial instruments, which we use it to fund our projects, home, buys etc.

> A great portion of the whalth is working capital which are used for all the employes that work with them, producing earning for everyone.

> Many billionaires have stock valued in billions but those stocks if they are sold by them, will get them lower the value.

The concept of ownership does not mean that other can not use it. The real question is what % of the whealth is EXCLUSIVELY used by the rich