> Wealth is created.

What creates wealth? Mining raw materials? Work? Ideas? Services? Do you think any billionaire has created this wealth in these ways? No, they "create" a billion dollars by creating not value, but valuation. If it's a public company, they issue stock, which people buy for money. In the open market, the price of the stock goes up. Their valuation goes up. Their currency goes up.

Billionaires become billionaires by creating indirections of wealth. They create currencies. Like bankers, they create wealth by lending money they don't have. Those stock certificates are a currency, and trading the currency on the open market pumps up its valuation. Who buys it? People who think they too can make money off it in the future. Who pays them back? Maybe with dividends? Who makes those dividends? Who creates revenue? Mostly the organization they create.

There aren't words you say sitting around your desk that will create a billion dollars. But the desks they sit at, they can say words and a billion dollars are "created." I think that's what you don't want to admit. Their decisions are just amplified by a huge apparatus that they sit at, and the market scrambling to snip off a little profit by trading their stock in the future.

Sure they have businesses and things, but holy cow, we lionize the words they say around desks like it's some kind of magic holiness. I just don't get it.