The relative amount of spending that rich people do to their net worth or whatever is much much smaller than the amount of spending middle class and poor people do.

If you think of a minimum wage worker who rents, nearly every dollar they make is back into the economy nearly immediately.

I on the other hand have maybe a third of my yearly income sitting in a high yield savings account.

Someone calculated that the amount that musk spent on the elections was the equivalent of a minimum wage worker spending like $30. He’s not doing that daily so he’s not using the equivalent amounts of money.