According to a Harvard University study that came out this year, the fact that millionaires are saving their money creates debt for 90% of the population and lowers the interest rate. People complain of seeing celebrities spending their money on luxuries that the rest of the world could never afford. Many were outraged, for example, by David Geffen's post showing that he was going to spend his quarantine on a yacht.
Read more: https://www.entrepreneur.com/article/376520?source=Snapzu
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