> Better to spend it while it’s whole.

Yes, that's the whole point. That's a good thing. Money is meant to be spent, not be hoarded and slept on forever. Money velocity is terrible right now, capital generates more income than wages, this is neither healthy nor sustainable, and certainly isn't fair to the ones actually doing the productive work.

In the ideal society there'd be no Epstein or Thiel, everyone would have a rewarding and productive economic activity.