Spex: What you fail to realize that when people have great wealth, Bill Gates for example: His money is not in cash, it is in a business that manufactures goods, employes lots of people develops lots of products. Very very few people in this country (as contrasted to oil shieks in the middle east) have much of thier assets in cash. If these people were made to divest thier assets, no large inovative companies and products would evolve. I am aware of golden parachute abuses and other abuses in our capitalistic system. But without the go-geters, all of our system would colapse. In most cases enormous profits are plowed back into the company or into other businesses or investments that go into other investments. Even if the person dies and others inherit the inheritance is in businesses not primarily cash so the company goes on.
Yes, spex this is a serious reply to your question.
Reply With Quote
Bookmarks