[jongjong]

When you understand the extreme inequality; that most people don't have $100K and some people have billions, and you understand how the monetary system works to compound the billions, it puts into perspective how the system functions.

If the system seems like it's about 'value creation' it's only because billionaires let it be that way. With that kind of money, you can probably run the whole system however you want.

That kind of money cannot buy that many goods and services without causing hyperinflation... What can that money be used for? Business asset acquisitions, luxury real estate, fine art and political manipulations... Either way they're getting marginal benefits out of it; the asset valuations are likely inflated by billionaires' own wealth competing against one another. Ultimately, once that level of wealth is reached, the whole market becomes about political influence... And even this can cause inflation; but this kind of inflation can be offset by oppression; you can use money to incentivize people to control each other in a hierarchy.

In such society, as a regular person, you need to pick a billionaire tribe because the money flows top-down. If you're not in any billionaire tribe, what will happen is everyone else who is will be getting paid but you won't be getting paid. This is sad because the truth (about various things) is often a middle-ground between different billionaire perspectives or sometimes it's diametrically opposed to any billionaire's perspective. It's already a kind of monarchy, fueled by fiat money creation.