Quote:
Originally Posted by donquixote99
It's important to reflect on what makes for that needed strong economy. You are right that demand is the engine that powers everything, but consider the impact of a rich many on demand. No matter how rich, a man can only eat three meals a day and drive one car at a time. Their wealth is often largely invested in real estate and collectable luxury goods, things that contribute little demand for new production. 5 or 10 thousand middle class people will almost certainly create more demand stimulus than one billionaire.
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But collectively what they (billionaires) do with their money?