I totally get that. After pizza hut I worked for 4 months at a dominos franchise with my friend Kayla. The franchise owner would bring his son around sometimes. He was probably around 17-18. To be clear they were rich. Franchise owner of a dominos doesn’t sound like much but he owned like 10 including the one we worked at on international drive in Orlando Florida. It’s like the Vegas strip of Florida.
Anyway his son loved hanging out with Kayla and I because we didn’t give one single shit that he was the owners son. He thought it was wild that i would be a total smartass to his dad…Also Kayla was pretty hot. I’m asexual so we were only just friends but the boy clearly had a crush
Anyway some conversations I remember that shocked his son
His dad: I need the key to the cash drawer Me: it’s my drawer, only mine. I can ring the customer up. Dad: I’m not going to steal from my own business- Me: you’re divorced right? so you understand that mistakes happen even with the best intentions? No. You can’t have my key
Manager meeting at ale house.
Other managers order
Me: I’ll have a double scotch in water and (burger order)
Owners son: can we drink at this meeting?
Me: I can because I’m over 21 lol
Owner: no one can drink. It’s an employee meeting. Waiter cancel the scotch.
Me: I’m sorry Is this a paid meeting?
Owner: no it’s team building
Me: but you’re paying for all of our orders at least?
Owner: no, you aren’t required to order food if you don’t want to. It’s just an option that you can choose.
Me: cool. Since it’s my time and my money I choose to order a double scotch with water.
Kayla: I’ll take a margarita with my order.
Sorry I don’t have any real point I’m making. Just reminiscing. And yes scotch in water is a real drink. It’s not a common drink but it’s been around as long as scotch has. It brings out the more subtle flavors of the scotch.
That is probably correct to the phrasing of the question but I don’t think it’s correct to the spirit of the question .
If I have a billion dollars and everyone else has one dollar, I am powerful.
Time moves forward, inflation, whatever.
I have 2 billion dollars now and everyone else has 2 dollars.
Nothing has substantially changed in that scenario.
But even if we only allow me to grow:
Again I have 2 billion dollars now and everyone else still has 1 dollar.
Nothing has substantially changed.
That’s my disagreement. There is a limit. Diminished returns.
The difference between a one bathroom house and a 2 bathroom house is huge. The difference between a 20 bathroom house and a 21 bathroom house is basically meaningless.
You can only be “so” rich and people can only get “so” poor. At a certain point the change isn’t meaningful, but once you pass a a certain threshold it’s worse than meaningless. It becomes worthless
If you have all the money in the entire world and no one else has any money… The money no longer has any value at all. It then becomes pointless and valueless.
I’m not smart enough to point out the exact line. There is a line where the rich can’t be richer in a significant way. Elon musk i think is at the point. He could lose 50 billion dollars or gain 50 billion dollar tomorrow. It wouldn’t impact his life or our life.
Likewise people can only get so poor before the concept of currency breaks down completely. We kind of see a glimpse of that with credit scores. I have bad credit. I don’t care that I have bad credit. I’m not going to own a home anyway. I don’t care if a credit card company sues me because I have no liquidatable property or items. Even my wages can’t be garnished because my child support maxes that out alrwady. My debt and credit score are meaningless. Money itself can get that low as well. If the imbalance gets too far the money becomes worthless.
There is absolutely a limit. There is a line.