Wealth begets wealth. Capital compounds with no effort. A reminder for myself to revisit Capital by Thomas Piketty from 2013(!)
"When inequality gets too extreme, then it becomes useless for growth, and it can even become bad because it tends to lead to high perpetuation of inequality over time and low mobility."
"When inequality gets too extreme, then it becomes useless for growth, and it can even become bad because it tends to lead to high perpetuation of inequality over time and low mobility."
-Thomas Piketty