> you just need enough people who are well off enough to pay,
Which is what happens after a decade long bull market, tax cuts, low rates, and stimulus. More people had more money that didn't before and they wanted more things and they wanted them now.
But you still need a critical mass of demand, which means a bigger portion of the population demanding goods. Which means you need a bigger population than the mega rich to explain the problem. There was always rich people - yet we never saw this problem until now.
Which is what happens after a decade long bull market, tax cuts, low rates, and stimulus. More people had more money that didn't before and they wanted more things and they wanted them now.
But you still need a critical mass of demand, which means a bigger portion of the population demanding goods. Which means you need a bigger population than the mega rich to explain the problem. There was always rich people - yet we never saw this problem until now.