This is sometimes called fountain pen money and it usually not disappears money but is how new money is created.

Banks can create new money with a proverbial stroke of a pen, lend it out and when the loan is paid destroy it again.

The bank of England has a pretty honest flyer about it.

https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

A quote specifically about this misconception:

When households choose to save more money in bank accounts, those deposits come simply at th expense of deposits that would have otherwise gone to companies in payment for goods and services. Saving does not by itself increase the deposits or ‘funds available’ for banks to lend. Indeed, viewing banks simply as intermediaries ignores the fact that, in reality in the modern economy, commercial banks are the creators of deposit money.

The total absurdity of this situation, is that its very common for such loan to be paid off with a new loan, which is called “refinancing”

do you really want to spend your workday taking orders from an AI?

Probably depends on the work I'm doing and the AI itself.

I'd have no problem implementing AI driven solutions as long as they made sense and were good - honestly I might even have more respect for the AI than the CEO. At least one of them isn't pretending to be a morally upstanding member of society.

Well 15% of bigger paycheck vs 100% of everything one accomplishes on own, I think economy of scale works in worker's benefit here

Or rather the average person doesn't have the capitol to front the cost of making something expensive.

A lot of it will get moved into physical assets like property. There's also been a huge investment boom in HK because people are realizing Chinese economy is more stable now. Similar situation with Singapore since Asia is expected to be doing better than the west thanks to China being the stabilizing force there.

If I thoroughly, and reliably knew the answer to that, I would be... lets say 'very well financially positioned'.

Yogthos is certainly at least partially correct, but... where is all this money going?

Its... Private Equity. Private Credit.

The entire point is that via a mechanistic application of loopholes and usage of specific legal carve outs... you don't actually have to tell anyone nearly anything. The entire point is to obfuscate what is going on.

... At least some of the money is getting pulled out basically just to pay off debts that investors have that are now problematic.

This is how a recession or depression actually mechanically happens -> because the entire system is built on loans which are built on loans which are built on loans...well, when some part of that fractal chain/web breaks, when some part of it cant reliable make payments anymore... the breakage spreads, as more and more people now need to cover obligations with actual cash, not promises of future cash.

People call this 'the credit supercycle' or 'the business cycle', depending on the scope and time scale... these patterns play out fairly regularly, but predicting their timimg and extent with high precision is nearly impossible, because the total system is fundamentally chaotic, in the mathematical sense.

However, not everybody is just purely panicking and pulling out to settle their obligations... many are repositioning. Its kinda like water in a box, a box where you can push up or pull down or certain points of its floor... the water, the capital, will tend flow away from risk of massive losses / or poor real* returns, and pool in areas of perceived, actually steady and reliable real* returns.

• Where 'real' in this context means both adjusted for inflation and also international currency conversion rates.

This entire process is largely opaque and horrendously complex.

But you can look at it from the outside and describe rules that it does at least tend to follow.

As far as I'm aware, at least some proportion of ... theoretically 'smarter' people are throwing their money into things like mining companies for rare earths, uranium, things whose stocks will almost be guaranteed to go up because the raw materials they extract will be a part of basically any technological civilization going forward from here.

What else is almost guaranteed to get more expensive?

Power, Food, Water.

So, the theory would be roughly that 'smarter' money would get as close to the first step.of any process involved in providing or producing those things, as possible.

... such is the logic of capitalism at least as I see it, which also kind of means we are defacto accelerating the 'cyberpunk dystopia-fication' / 'techno-neofeudalism' thing, where any person or entity that more or less owns these kinds of companies... they become sort of like hegemonic guilds that states have to basically negotiate with as either equals or lessers.

Corporate Wars, here we come.

Money can exist without states - but likewise, most states existed without money, at least internally. Graebers Debt is all about this.