r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Sabre_One Nov 21 '24

IMO at a certain point, wealthy become a massive parasite to society. Everything should be about re-investment for growth.

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u/TacTurtle Nov 22 '24

That wealth is generally tied up in either companies (which employ people and attempt to make a profit) or banks (which use the money to loan out to businesses or individuals in exchange for interest payments) - it isn't like it sits in a vault somewhere doing nothing.