[conception]

I’m not sure what you’re trying to say. What does it matter the actual physical atoms? A mole of gold costs more than a mole of carbon. How much you can “deploy” with 500m differs.

Maybe you’re trying to say if they actually liquidated their wealth to spend any sufficient fraction their paper wealth would disappear but that’s the point of pulling out the value without liquidating.

[qaq]

I am saying people imaging that significant portion of paper wealth could be converted into tangible things for regular people like housing, infra etc.

[conception]

This is actually pretty easy to get data on, e.g. https://www.americanprogress.org/article/tax-cuts-are-primar...

There are many studies on the various tax cuts for the ultra wealthy and how that has (purposefully) starved the government and limited its ability to provide tangible things for its citizens.

And that’s ignoring all the various tax avoidance schemes.