Moderator <br> VC&G Forum
- Mar 18, 2005
I see it as 1000 millionaires invest more diversely than 1 billionaire.The question I always ask - which usually gets ignored - is about the end effect of inequality. If I get an answer at all, it's usually a snarky answer such as "Boohoo, Richie Rich can't buy another gold plated yacht." But then on the flip side, what would the middle and lower classes have with a smaller wealth disparity that they don't have now? Would lower disparity result in less offshoring? Would the lower class suddenly become investors? Would they become entrepreneurs and start new companies? What do see as the end goal of reducing wealth disparity? More plastic stuff for everyone?