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by eloisius
186 days ago
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It's not about what non-0.001% people invest in, but what they spend on. More evenly distributed wealth would mean more money for people to spend on education, food security, and housing, which in turn would spur increased production of those goods. Below a certain wealth threshold, people aren't putting every additional dollar into "investments" in the financial sense of the word. There's more ROI by sending your kids to college or moving to a better neighborhood. |
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