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this post was submitted on 10 Oct 2024
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More like in offshore accounts, priceless art, "philanthropical" foundations, cars, plants, yachts, islands, stocks...
And how is taking one’s money and spending it on things like art, cars, yachts, islands, or stocks considered wealth hoarding? To buy those things, you have to put a significant amount of money back into circulation rather than hoarding it. What’s your issue with owning art, exactly? Do you want to own that $3 million painting but can’t because the wealthy are hoarding them all, just like the super yachts?
Either you're one of them or you aren't. Why are you defending them so hard?
No I'm happy with my inexpensive prints and not superpolluting everyone's environment. I applaud that stolen art was returned to heirs in the news and hope they offer it to zero fee entrance exhibition, eternally.
I thought they had assets, not cash? Anyway, the money doesn't go back into circulation, it stays with the wealthy from whom they acquire those status symbols. If they have the means to acquire all those things you listed, they have the means to give back to society instead.