4 ms·
There's no problem with someone having a billion dollars, the problem comes from those billion dollars being diverted into rent producing assets
by opportune 9y ago
There's no problem with someone having a billion dollars, the problem comes from those billion dollars being diverted into rent producing assets
- deleted 9y ago[deleted]
- kazinator 9y agoRented assets allow people to take advantage of resources without the hassle and expense of owning them. If there is a demand for the use of certain assets without the hassle of owning them, why shouldn't some billionaire invest into that to meet the need.