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It's a simple side effect of money creates money. If you have X dollars, it almost automatically can create Y dollars in time T. Integrate over time and you hav
by sytelus 7y ago
It's a simple side effect of money creates money. If you have X dollars, it almost automatically can create Y dollars in time T. Integrate over time and you have exponential growth. People starting with low initial number will have exponentially growing differential.
- duxut_staglatz 7y agoSo why has inequality not grown exponentially? There are many periods where it is about constant and/or declining.