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You just described precisely why your scenario is impossible. Money is fundamentally just a representation of access to resources and labor, which are finite. Y

You just described precisely why your scenario is impossible. Money is fundamentally just a representation of access to resources and labor, which are finite. You can create infinite money but you can't create infinite quantities of that which it represents. There are about 1.9 billion acres of land in the continental united states. That works out to 5.8 acres per person. If people could afford to purchase 100 acres of land per year, and even a tiny percent of people utilized this - land prices would skyrocket. And a similar story would end up being true of other resources and labor costs. In describing fantasy scenarios you have to consider the implications on the allocation of limited resources such that everything isn't just completely overwritten by inflation.

cornholio 8y ago
That's precisely why I used the phrases "equivalent land in capital" and "equivalent to a nice suburban home". In context, it should be obvious such a wealth explosion would cause an unfathomable real estate inflation. While land is limited, wealth and capital are not. It's perfectly possible to posit a society where people own, say, shares of robotic mining companies that roam the solar system for resources. Or that values genuine human sexual intercourse to the tune of one million dollars per act, inflation adjusted. It's much harder to substantiate how such a society would actually look like.