This paragraph probably also summarises why this article was written:

> “I tried to write in a way that would make people angry, for better or worse,” he said at a conference in April. The solutions his book advocates include sharply reducing both taxation and government spending, and implementing stricter rules around how much the government can withdraw from the sovereign wealth fund.

It sounds like trickle-down economics, but it's bad when the trickle-down happens, so let's get back to the hoarding step.

The fact that Holte is a former investment director for a major Norway oil group has to be a mere coincidence.