You’re forgetting that this money would exchange hands multiple times per year, per person.
Expenses are revenues; we’re all connected.
But when some people put billions aside (in non tangible stuff like stocks), they’re effectively reducing the buying power of everyone else. Slowly but surely.
They are a net negative just by their mere existence.
You’re forgetting that this money would exchange hands multiple times per year, per person. Expenses are revenues; we’re all connected.
But when some people put billions aside (in non tangible stuff like stocks), they’re effectively reducing the buying power of everyone else. Slowly but surely. They are a net negative just by their mere existence.