Once wealth starts accumulating in the hands of the wealthy, it starts concentrating. As one millionaire put it, “It’s hard work to invest where you become worth $1 million. You can’t make many mistakes. However, it’s inevitable to increase your wealth once you hit $100 million.
A reset is coming, whether we like it or not. It’s just another sign of the end of our age.
Good food for thought.
The response to the “pandemic” was a great transfer of wealth. The rich got richer and the poor got a lot poorer. The middle class moved down a rung to lower middle class.
When one small group has almost all of the money it can’t circulate. Like a Monopoly game, nobody can buy anything and become slaves to the ones who own oall the stuff. It has happened before in this country, at least twice in the 30s and the 1890s.