Could do without it burning the planet
Cash does not disappear because you spend it. Everything you spend is someone else's income.
True but more money going to the wealthy stops circulation more than it going to people that actually spends it.
It does not. Instead of necessities the wealthy buy assets, e.g. stocks. Either way the cash is still in circulation.
It's foolish to have huge piles of cash when most central banks have a stated goal of about 2% inflation.
If AI companies were "burning cash" that would significantly increase the amount of total circulating money. "Burning cash" in this context means "spending money very quickly," and that is the definition of circulating money. The fact that the AI companies are not burning cash, but instead signing complicated deals passing around promissory notes for future revenues, is what makes it look like a capital strike.
Or in layman’s terms, they are pulling an “Enron”. But of course we don’t regulate that anymore
More like hoarding it like fat dragons
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