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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b>From:</b> extropy-chat <extropy-chat-bounces@lists.extropy.org> <b>On Behalf Of </b>William Flynn Wallace<br><b>Sent:</b> Friday, March 1, 2019 12:39 PM<br><b>To:</b> ExI chat list <extropy-chat@lists.extropy.org><br><b>Subject:</b> Re: [ExI] The Great Gatsby Curve<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'>I don't resent the rich either, but I do wonder where their money is. Is it invested and helping the economy, or just sitting collecting interest? I assume the former, so the rich are not just enjoying the economy, they are stimulating it, if I am correct.<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'>bill w</span> <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>If it is just sitting collecting interest, it is still invested, just not by you. When you put money in the bank, they invest it and give you part of the profit. Most people who have a ton of money invest it in something. The really super rich tend to invest in things only they can invest in (less competition that way) such as new therapies and drugs.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Your banked money has to be invested in less risky stuff, like local real estate, so the payoff isn’t as big.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>spike<o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'><o:p> </o:p></span></p></div></div></div></body></html>