Again, a Buffet holding stock is not locking up any capital. For him to sell it, realizing that capital, requires someone trading their capital for the stock. T

Again, a Buffet holding stock is not locking up any capital. For him to sell it, realizing that capital, requires someone trading their capital for the stock. The total stock and total capital remains unchanged. If an apple is worth a dollar, you cannot transmute the apple into a dollar. You can trade it for one, but there is still one apple and one dollar in the economy. Stocks work the same. A rich person holding value in any item other than capital is not hoarding capital, any more than a person hoarding apples is hoarding capital. Think on it.