
Our New Gilded Age
The TLS Podcast
00:00
Having a Lot of Money
Hedge fund managers like genius knowles generate high returns for their investors by acting with breath taking ruthlessness. Big finance is a closed system designed by bankers to redistribute money among themselves, and to what end? The way knowles tells it, having loads of money is not much fun at all. Money begets purposelessness, particularly in the case of inherited wealth. An assistant to a billionaire's son notes the suffocating vacuity and emptiness of lives spent making social occasions. Parties become an entirely recursive and exhausting means of establishing and maintaining one's status. Spontaneous travel is discouraged because it causes severe security concerns. Former s a s soldiers are hired to drive the super rich to
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