Those billions in a cayman account are dead money. They are the marginal efficiency of labour crystallised, and then transformed into a immotile instrument whic

Those billions in a cayman account are dead money. They are the marginal efficiency of labour crystallised, and then transformed into a immotile instrument which benefits nobody. You say it does no harm, but why do you think we're still working 60 hour weeks when we've improved efficiency in all fields by orders of magnitude since industrialisation? All that efficiency gain's benefit was "realised" by the elites, but until that money is spent, loaned, invested, used - that value is destroyed. Sure, sure, tell me it's a store of value, but you'd still think the squirrel that stored 1000 tonnes of acorns for winter and wouldn't share, causing furry famine, to only then after winter forget where he left them and demand more acorns from the working squirrels was pretty damn irrational.