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> It doesn't scale, is the thing. You can't walk into a macdonalds and walk out with a billion burgers just because you're a billionaire. That's only because t
by donmcronald 5y ago
> It doesn't scale, is the thing. You can't walk into a macdonalds and walk out with a billion burgers just because you're a billionaire.
That's only because the super rich are dictating what's in demand. If you take all the money being spent on luxury watches and start spending it on dental care for children, the market should reduce the supply of watch makers and increase the supply of dentists in order to meet the demand for each.
- samvega_ 5y agoMost money is invested in assets designed to retain wealth or increase profits, directly or indirectly. Their wealth and power is contingent upon that very scheme.