/biz/ - Business & Finance

>>50719090
Lets say you took all of their wealth and gave it to everyone else equally. The amount of wealth we would all get is very small. Not only that but as we spent it, it would cause massive price increases and we wouldn't be any better off.

The rich don't consume resources, that's what savings is, the act of refraining from consumption. The fact they are saving means there are more goods and services for the rest of us. Also, don't forget, there is such a small amount of super rich people. The working class receives like 99% of all consumer goods and services.

Any effort to take from the rich will always make the poor and middle class poorer.

>>49356007
I can't wait for Milei to win in Argentina and destroy the central bank.