If Bill Gates offers megamoney for farmland, and Alex Karp offers megamoney for lumber, then it encourages the creation of more farmland and lumber.

You got it backwards. Bill Gates and Alex Karp don’t pay megamoney for lumber or farm land. They consume a bit more than the average person, but not by the same %age as they are richer.

But everyone else can’t afford basic necessities or furniture anymore. And so being a farmer or a woodworker or whatever becomes a less attractive job, less people will do it, and you will have a harder time finding someone fixing your plumbing. Or pay a premium.

Instead, the ultra-wealthy are demanding extreme luxury, and so a would-be farmer is now a hotel page boy carrying around some rich dudes’ luggage, hoping for a tip.

Just to be sure. Are you being sarcastic?