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That money != wealth. Even if you give everyone 1 million dollars, NOT everyone will become rich (wealthy) because eventually this money would flow from your h
by vatotemking 10y ago
That money != wealth.
Even if you give everyone 1 million dollars, NOT everyone will become rich (wealthy) because eventually this money would flow from your hands to the hands of someone that creates value. And you'd end up with the same poor/rich social strata, but now with high inflation.
Wealth is value creation. Money is just a medium.