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Correct. Being rich is always better than being poor no matter what the economic context is. Even Marxists should be able to understand that. Although, to be p
by G3rn0ti 4y ago
Correct. Being rich is always better than being poor no matter what the economic context is. Even Marxists should be able to understand that.
Although, to be precise: Inflation hurts everybody maintaining their savings in some form of cash. Rich people with a large pile of cash also have a lot to lose.
In the medium term current retail prices will be offset by wage increases as long as inflation does not become a galloping inflation.
- beepbooptheory 4y agoIn fact, Marxists understand this point most of all. Which is why the moral impetus is to remove the possibility of being individually rich, in order to bring a more beautiful wealth to all. Individual "wealth" is so boring and flat and uninspired. Just Scrooge McDucks everywhere. Doesn't it feel like an archaic concept at this point? Such a narrow instantiation of humanity, can't die soon enough.
- mech7654 4y agoIt sure is boring. We probably should eliminate all boring things from the world.
- beepbooptheory 4y agoJust this particular one is sufficient to me. But I'll support you!
- etothepii 4y agoWho gets to decide what is "boring?"
- goostavos 4y agoI dunno. I'm kinda enjoying the billionaire space race. Some of those McDucks moved us off of 60+ year old launch systems for funzies.