Rich get richer and stays wealthy until money printers on and inflation

[Oneone1]

Even if rich spends a lot money all the money stays on the hands of rich ones.
You have to just worry about to get rich and move up higher level even if you spend money for rent for expensive food money stays still in the same circle of wealthy ones.

People might think that hows that possible rich gets richer and richer if they spend so much but spending money not bad for example if rich one buying yacht they can move with yacht also once you got yacht you will be noted and other rich ones want to networking with you so many things what rich do it seems like they just are mad to waste money but in reality the expensive activities will bring them same kind of people to connect and networking to get more even opportunities.

But step by step anyone can get rich by just leveraging what they have and compond not just amount of money or assets but also leveraging network and contacts.

And until new money beeing printed there is no stop of money in the world while rich ones invest also into corporations what they use for so money just stays more with rich and good bookeepers and lawyers will find ways how to escape paying taxes off shore loop holes and legal ways to save more money and more ways how to pay less and less for workers while fed will print money and corporations borrow and more and taking debt burdens and paying this money out trough dividends.

The corporate laws are perfect nowdays to make money, for example uk thames water where investors bought it and borrowed a lot money and then paid out this money smart ways into their pockets mostly as dividends while not paying taxes also by using smart bookkeeping tricks to get money out of company.

So once you rich you wil have many ways just to earn endless ways, nothing to worry and if u play smart debts can be added on public treasury so your hands are clean.

There is risks of losing money if too much money flows into hands of not rich ones but even then some of the money will flow back on the right places trough shopping energy costs and all the other things what even poor ones are using.

[Realwhot]

The difference between poor people and rich people is that the rich are ready to take risk and they do not really work for money and save it for inflation to affect it instead they invest it wisely and make more money. Poor is about mentality not how much money that you have. A rich man can decide to invest some money in real estate and some in Bitcoin and after sometime he will now have profit.
But a poor man will want to keep that money in the bank for just 1% interest and try to maintain good credit by the time he will now withdraw he will pay tax and inflation will make his money worth lesser.

[demonica]

Rich people gets richer because that's their end goal. They know and works to make more money out of the money they have. Even if they spend money, they spend it most of the time smartly. They could spend money on luxurious activities or gift but in return, they could get more connections with it. Connection is really essential for rich people.

While for the poor, they only have enough money they earn from their job to survive daily. Usually they don't even have enough savings to think of starting a business or even investing to make more money. Though the poor also wants to become rich, but not everyone has the privilege to start investing and make connections. Also, some don't have enough knowledge financially that's why they remain being on the same income class while expenses keeps increasing due to inflation.

[Emjay24]

The response is simple, rich people buy more assets and poor people buys more liabilities. When rich men makes purchases of expensive things, most times they've ascertained that it has possibility of giving them returns either directly or indirectly or even both, but a poor person would buy an expensive material just to look rich.

A rich person plans his expenses and most times save up money separately for an expenses and ends up buying from a fellow rich person and the money circulates within them but a poor person takes money out of his savings to purchase an item from the rich, thereby adding more funds to that already circulating among the rich.

[gibrab16]

The response is simple, rich people buy more assets and poor people buys more liabilities. When rich men makes purchases of expensive things, most times they've ascertained that it has possibility of giving them returns either directly or indirectly or even both, but a poor person would buy an expensive material just to look rich.

A rich person plans his expenses and most times save up money separately for an expenses and ends up buying from a fellow rich person and the money circulates within them but a poor person takes money out of his savings to purchase an item from the rich, thereby adding more funds to that already circulating among the rich.

Yeah, this is basically how the cycle keeps looping.

Rich people think in assets first. When they buy expensive stuff, there’s usually a reason behind it appreciation, cash flow, tax angle, connections, or long term leverage. Even luxury purchases are often calculated or come after the asset base is solid.