Does it really matter if the wealthy are wealthy, as long as the rest of us have a job, enough to eat, and a roof over our heads? One might think not. After all, money is paper, and can be manufactured and circulated endlessly, so long as it retains its value, at least to some degree. And besides, money isnt even paper, now its electronic signals. Money, in the abstract, is not a zero sum game.
But money won't, it can't, retain its value, if it is manufactured and circulated endlessly, and that's the point.This results in drastic inflation.
By economic definition, the amount of money in circulation is equal to the amount of goods and services extant.
It matters whether individuals own huge amounts of land, because there is only a limited amount of land.
It matters whether individuals own huge amounts of material wealth, because the resources required to produce matrerial wealth are finite, and utilization of said resources produces negative environmental impact,at least to some extent, if only in that said resources involve land use and human labor, both of which are limited.
Since material resources are inherently limited, so must the money supply be limited, in order to avoid drastic inflation. Money thus becomes a zero sum game, in that there can never be artifically large amounts of it circulated. It matters whether individuals are incredibly wealthy, because it places resources off limits to the rest of us, and it cheapens the money supply.
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