Is Wealth Inequality Actually a Problem?
Economics Explained
00:00
Wealth Inequality and the Misallocation of Capital
The world today is full of fantastic investment opportunities, but learning someone $5,000 to start an online 2D glasses business is just not worth the attention of a billionaire. Even if this business could return a 300% return on investment in the first year, it wouldn't pay for the fuel it took the billionaires jet to come and see the investment pitch. If a billion dollars was spread out amongst 20,000 households though, then these endeavors would find much more traction.
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