> So your claim is that wealthy people aren't interested in generating more wealth for themselves?
The claim is that wealthy folks aren't typically interested in generating more wealth for other, non-rich folks
> So your claim is that wealthy people aren't interested in generating more wealth for themselves?
The claim is that wealthy folks aren't typically interested in generating more wealth for other, non-rich folks
That requires explanation of a mechanism that would generate wealth for yourself (and your selected friends) and no one else. Capturing 100% of the value is all but impossible.
Also you didn't address what he said, possibly because it's complete nonsense?
> A lot of rich people just buy shares (other than at an IPO) and just move money around each other's pockets rather than investing in something wealth creating, or just swap already-existing overpriced properties around each other.