4 ms·

"A small group of people is hoarding the majority of that wealth." That like saying the winners of the football league have hoarded all the points and therefor

"A small group of people is hoarding the majority of that wealth." That like saying the winners of the football league have hoarded all the points and therefore nobody can now score goals. It's the playing of the game that matters. Not who owns the pitches.

CPLX 6y ago
All sports leagues have been through extensive rule changes and updates to make sure the game is enjoyable and fair for all, and does not result in one team winning everything all the time.
- neilwilson 6y ago
  Indeed. But that doesn't require deducting points from people from previous seasons and asking them to return their trophies so there is sufficient for this season. We just alter the rules and carry on issuing points as required.
  - CPLX 6y ago
    Of course they do. They make everyone start over with zero points literally every time they play. If you can imagine showing up to play a friendly football game against a rival high school and noticing they have 5,340,322 points already on the board because their families had been playing the game for decades, then you’ll start to really get it.
    - neilwilson 6y ago
      That would be mistaking a stock for a flow. Every accounting period starts from zero. It's the flow that matters for this accounting period. Not how much you amassed from previous ones. Football teams keep their players from previous seasons. They don't all go into a big hat and get redistributed to other teams just because they happened to be champions. But we can change the rules and increase the handicaps.
asdff 6y ago
Except you can't just score points. The federal reserve scores points and circulates them; they are finite and can in fact be hoarded. I can take 20 dollars from your wallet and you can't just shake your leg and print more.
- neilwilson 6y ago
  The Federal Reserve is a construction of the people. It can be instructed by the representatives of the people to engage everybody who turns up at $15 per hour. You can't add points in a football game either. But the referee can.

CPLX 6y ago

All sports leagues have been through extensive rule changes and updates to make sure the game is enjoyable and fair for all, and does not result in one team winning everything all the time.

neilwilson 6y ago
Indeed. But that doesn't require deducting points from people from previous seasons and asking them to return their trophies so there is sufficient for this season. We just alter the rules and carry on issuing points as required.
- CPLX 6y ago
  Of course they do. They make everyone start over with zero points literally every time they play. If you can imagine showing up to play a friendly football game against a rival high school and noticing they have 5,340,322 points already on the board because their families had been playing the game for decades, then you’ll start to really get it.
  - neilwilson 6y ago
    That would be mistaking a stock for a flow. Every accounting period starts from zero. It's the flow that matters for this accounting period. Not how much you amassed from previous ones. Football teams keep their players from previous seasons. They don't all go into a big hat and get redistributed to other teams just because they happened to be champions. But we can change the rules and increase the handicaps.

asdff 6y ago

Except you can't just score points. The federal reserve scores points and circulates them; they are finite and can in fact be hoarded. I can take 20 dollars from your wallet and you can't just shake your leg and print more.

neilwilson 6y ago
The Federal Reserve is a construction of the people. It can be instructed by the representatives of the people to engage everybody who turns up at $15 per hour. You can't add points in a football game either. But the referee can.