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You’re forgetting that this money would exchange hands multiple times per year, per person. Expenses are revenues; we’re all connected.
But when some people put billions aside (in non tangible stuff like stocks), they’re effectively reducing the buying power of everyone else. Slowly but surely. They are a net negative just by their mere existence.
Hmm let’s see… Assuming a 9% return on investment, that’s at most a 9 years setback. I think they gonna be alright.