I get what you say -- hoarded wealth is essentially idle. But I think there's more to it. The people who hold that wealth prefer to live in one country, and have inflicted themselves on the governance of that country.
I'm not talking at all about wealth being idle in my previous comment. My point is entirely that the more money the rich have, the less money the poor have.
What you're bringing up is how the wealthy use their money to change their political environment to benefit themselves. This is also a problem, but is parallel to the point I was making.
I'm curious how Google/Microsoft/Apple/Amazon/Netflix/etc have transferred money out of your bank account to their hoards.
Personally, I've transferred money to them, but only for things I wanted to buy from them and thought was worth the money.
You did say "less" money for the poor. That implies the wealth is being transferred from them.
> by definition there can be no wealth inequality without rich people
That doesn't all mean they are "holding" money. Money is not the same thing as wealth. Personally, I don't have any money other than pocket change.
> you're projecting so much political vitriol onto it.
Am I? I thought my statements were objective facts, and not at all political.
I'm using money and wealth interchangeably here because there is no meaningful distinction in this context. I cannot take you seriously when you keep bringing up irrelevant things. It's obvious you don't understand my point. And I've had enough arguments with you on this site over the years to know it's a waste of my time to engage with you more than I already have.
An investment in a company is not a "hoard".
You're free to make up your own definitions of words, but it doesn't work to expect others to adhere to them.
> it's a waste of my time to engage with you
I'm definitely the wrong person if you want to only engage with people who agree with you.
This is, I think, a blind spot for most people. Hoarded wealth isn't idle at all.
At the _very least_ it accrues interest (and compounds!) and grows!