23 March 2021
correspondents IA & BA express concerns that the “pathological hoard[ing]” of cash by the monied elite could “impoverish [an] entire nation” and yet society lauds such miserly malefactors as “role models.”
And some offer lamentations of “glorify[ing] greed.”
“Hoarding cash” impoverishes no one except perhaps the truly rare “pathological” miser, and even that’s arguable. He may get a rush out of it, but it’s his, so it “neither picks my pocket nor breaks my leg.”
Maybe he likes hookers and blow, too. What do I care?
Contrariwise, the accumulation of large resources permits long term delays of consumption on a massive scale, which can, for example, build a hydroelectric dam or fuel a moon launch. And even if the wealth is NOT invested, just the very removal of currency from circulation enhances the value of that which remains. If your megabucks are NOT bidding up prices, my meagre mites have more power.
And frankly, I find the exaltation of need to be symptomatic of the
greater pathology, and far more destructive.
Scrooge McDuck® et al are the creations of Carl Barks
and are held de jure by das MausenKorp®
Hotez Bears the WHO
(by Doctor Staccato)
Joe Rogan knows a showman shows,
And Rogan shows how much he knows,
But when his lacks to him occur,
To wiser heads he will defer.
But Hotez knows to go with flows,
And yield conclusions presupposed,
To carry forth his sponsors’ products:
Placebos palliating addicts.