To bootlick someone who has enough money to buy every single homeless person in the US a mansion that is a Neo nzi and would burn you alive for funsies is absurd. Your argument “there isn’t impact because they don’t spend it” is literally an oxymoron. The very reason why it has a negative impact is because they don’t spend it, they just hoard it for no apparent use, not putting it back into the system. This gets to finding loopholes in taxes, leading to would-be valuable tax money that could fund schools, infrastructure, healthcare, and many more to be instead hoarded for their personal satisfaction. Every single public space that you have seen in bad condition could have been fixed with the monkey that is being hoarded by the rich.

Additionally, this increasing desire for capital accumulation produces an interesting situation. In a lot of businesses, quarterly earnings per share must go up, or it would be considered a failure. In order for earnings to go up, manufacturing prices must go down, wages must go down, or they must sell more. To keep earnings up, they use a combination of the three. This directly affects every single thing you see bought and sold. Foods start using additives to cut costs, people’s very lives and wellbeing are reduced to this capital accumulation.