I have a friend in New York who's a stylist and I went over to her place because she's got a lot of clothes. I basically ended up wearing most of it. So it's all stuff that I brought over.
Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt.
People didn't stop spending money, they just spent it on things that complement their PCs.

