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The rich aren't just sitting on a giant pile of liquid assets. Basically all of their money is invested. It's circulating right now. It's the infrastructure and
by ruste 10y ago
The rich aren't just sitting on a giant pile of liquid assets. Basically all of their money is invested. It's circulating right now. It's the infrastructure and businesses the poor are buying from. You can't redistribute wealth like that because if you do there quickly won't be services to buy from. You don't improve a poor mans situation by dismantling the grocery store he goes to. Even if you give him a slice of what you take, you've removed infrastructure that he relies on. He'll be set for a week or two, but when he needs to buy food again the grocery store won't be able to provide the way it used to.