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If people become satiated with capital, the returns to accumulating it fall and the rich start consuming again instead of compounding.
Drawn from what Alex Imas said
What Alex Imas actually said
- Alex Imas Behavioural economist at Chicago Booth
But, if we get into a situation where people are satiated with capital, um then the returns to accumulating capital are going to be lower. And so, then these rich people are going to be consuming more.
Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us
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