Twiface
One of the many things I hate about billionaires is that most of their “money” isn’t even real. Most of this “money” is in the stock market, which is completely distorted by speculation, yet everyone treats numbers on ledgers as if they’re equivalent to cash. A lot of people seem to assume that every billionaire owns a Scrooge McDuck vault full of gold or something. Why do we allow ourselves to be lorded over by paper tigers?
Maybe instead of redistributing their “money,” we should just delete it from existence to reduce the money supply so that the money we already possess would be worth more in comparision… gradually, of course, so we can have deflation without a deflationary spiral. I want to have $5 footlongs and $2 gas again.
Princess of Kirinposting
What is it, 50 people have half the money in the entire world. Not 50% of people, not 1%, not even 1% of 1%, 50 individual humans have HALF OF ALL THE MONEY IN THE ENTIRE WORLD.
One of the many things I hate about billionaires is that most of their “money” isn’t even real. Most of this “money” is in the stock market, which is completely distorted by speculation, yet everyone treats numbers on ledgers as if they’re equivalent to cash. A lot of people seem to assume that every billionaire owns a Scrooge McDuck vault full of gold or something. Why do we allow ourselves to be lorded over by paper tigers?
Maybe instead of redistributing their “money,” we should just delete it from existence to reduce the money supply so that the money we already possess would be worth more in comparision… gradually, of course, so we can have deflation without a deflationary spiral. I want to have $5 footlongs and $2 gas again.