> Hence, in this system, a policy which reduces wealth inequality is one that makes the rich richer. Seems like a variant of the Liar's paradox. Assuming that

> Hence, in this system, a policy which reduces wealth inequality is one that makes the rich richer. Seems like a variant of the Liar's paradox. Assuming that the betting market is only a tiny fraction of the overall economy, its impact on inequality should be negligible. But I agree with your idea of setting a cap on the size of the stakes.