Re. Money in a bank account not contributing to scarcity: I think that logic checks out when you observe money as a resource in isolation.
If you think of Money as a proxy for "captured value," then one way to look at it is how much "captured value" is "captured opportunity for wealth creation," which has a certain distribution % chance across the entire population.
In that sense, total aggregate money at any point in time can be viewed as zero-sum.
If you think of Money as a proxy for "captured value," then one way to look at it is how much "captured value" is "captured opportunity for wealth creation," which has a certain distribution % chance across the entire population.
In that sense, total aggregate money at any point in time can be viewed as zero-sum.