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by spicyusername 1212 days ago
It's not the economic system "considering" excess wealth as a bad thing.

It's just an unfortunate natural consequence of how people spend money when they have a lot of it, and of how businesses react when their products or services are in demand.

There's no natural law, or tenet of capitalism, that says people acquiring lots of money is a bad thing.

There's only our historical observations that

- When lots of people have extra money to spend, they spend or invest it.

- When lots of money is being spent or invested prices rise.

Keeping those two forces in balance is the challenge, and the function of regulation, or FED policy, etc, etc.