3 ms·
Yes, at a high enough level of wealth you don’t need to own anything other then controlling shares in a corporation. Your spending cash is just a loan from a b
by treespace88 6y ago
Yes, at a high enough level of wealth you don’t need to own anything other then controlling shares in a corporation.
Your spending cash is just a loan from a bank to you backed by the value of your corporation.
All major assets are held by the corporation.
A global tax of some kind is the only way to slow the divide. As the growth of wealth is finally taxed, and inflation can start to eat away at it.