This and: I do not think that billionaires exist. They just want us to think that they do. There is no such thing as a billion dollars. A billion dollars does not exist in the way that three hundred dollars exists in my checking account. There are not checking accounts with a billion dollars in them
All the Things That You Need a Billion Dollars to Buy Are Bad
One way to think about inequality.
A billion dollars was never hidden in someone's home. Saddam Hussein seems to have tried. He was a very willful guy and he only managed to cram in 650 million dollars. No one can spend a billion dollars in the sense that you or I spend money. It can only be "spent" on investments; not used, morphed.
A billion dollars can't be spent, so a billion dollars is fake, so people claiming to have a billion dollars don't. If you "have" a billion dollars, what you actually have is an unelected office overseeing a chunk of the whole economy. A billion dollars has nothing to do with a normal idea of money.
