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Money flows to everyone, just more goes to those with more money. However that isn't as bad as it sounds. If you own 10% and someone owns 1%, after the money ha
by ttt111222333 9y ago
Money flows to everyone, just more goes to those with more money. However that isn't as bad as it sounds. If you own 10% and someone owns 1%, after the money has been given out you will still have 10% and they 1%. From a relative wealth perspective it actually just maintains everyone's position in society, neither benefiting nor disadvantaging anyone...
That's the spiel at least...
- deleted 9y ago[deleted]
- pdpi 9y agoIf I have 10% and you have 1%, I might be able to keep 5% locked as my stake and 5% liquid, where you need 0.9% liquid and can only lock 0.1%. What was a 10:1 ratio in capital becomes a 50:1 ratio after we each chunk some out for liquidity.