I confess I am ignorant, so I don't know what you are talking about.
But, I do not see that many more hard assets (I mean physical... I am sure finance has a technical definition that has nothing to do with what the intuition of lay people like myself would think) created. It does not matter if there are trillions, quadrillions or quintillions of dollars; if they had to spend it all, they would end up owning the whole planet and still not run out of money.
So, it is just a matter of stroking egos and playing con games with using K-9 level math, but with much higher numbers. Ultimately, the only thing that much money is worth is to show that you have much more of it than the next person. It is all about social posturing (or if you are cynical, about manipulating other people by triggering emotional responses to the huge numbers involved).
But, I do not see that many more hard assets (I mean physical... I am sure finance has a technical definition that has nothing to do with what the intuition of lay people like myself would think) created. It does not matter if there are trillions, quadrillions or quintillions of dollars; if they had to spend it all, they would end up owning the whole planet and still not run out of money.
So, it is just a matter of stroking egos and playing con games with using K-9 level math, but with much higher numbers. Ultimately, the only thing that much money is worth is to show that you have much more of it than the next person. It is all about social posturing (or if you are cynical, about manipulating other people by triggering emotional responses to the huge numbers involved).