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You have a fundamental misunderstanding of how wealth works. Wealth isn't conserved. It's created and destroyed. No billionaire has a pile of money or a bank ac
by ggreer 7y ago
You have a fundamental misunderstanding of how wealth works. Wealth isn't conserved. It's created and destroyed. No billionaire has a pile of money or a bank account with $1 billion in it. Their wealth is in equity in the companies they've founded and run. It's invested- used for productive purposes such as building better software and services. Or scaling the number of Whole Foods delivery staff. Or building contact tracing apps. Even if you're perfectly greedy, hoarding wealth as a pile of cash or gold is a terrible idea. You'll end up with far more money if you invest it.