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Version: 1
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"And that's 1/32 of wizards, who are 1% of the population... so that checks out, you are not having most of the wage income going to a small fraction of all the people."

Keltham remembers that he actually needs to eat.

Version: 2
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"And that's 1/32 of wizards, who are 1% of the population... so that checks out, you are not having most of the wage income going to a small fraction of all the people."