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I didn't say if everyone locked their money away it would be good, just if billionaires did it. Alice and Bob would still buy clothes and food. 99% (or some hi

I didn't say if everyone locked their money away it would be good, just if billionaires did it. Alice and Bob would still buy clothes and food. 99% (or some high percentage) of the world would still be buying and selling stuff, just not billionaires under my thought experiment. There would still be a large movement of money.

tmikaeld 4y ago
Then you'd take away the demand for such luxury items, they wouldn't be made, so who benefits?
- yunwal 4y ago
  You do because instead of resources being diverted to building mega-yachts and private jets, they will be used on resources for the non-ultra-rich