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You can become rich enough that you can afford to give away a dollar to someone every second and still be rich. For some perspective, this full amount is about
by dfxm12 1y ago
You can become rich enough that you can afford to give away a dollar to someone every second and still be rich. For some perspective, this full amount is about 33% of annual income of $100mm. The richest people make well more than this.
Consider, even without such a system, more people than you realize have enough to live on (and pass on for generations), but still work. A lot of rich people also didn't work for their wealth. People have worked their whole lives and not become rich. I'm not sure there's a connection.
- Nifty3929 1y agoUnfortunately, money is not stuff. Taking money from rich people and giving it to poor people doesn't create any additional stuff for those poor people to consume.
- bongodongobob 1y agoRich people generally don't make a goddamn thing.
- WalterBright 1y agoElon Musk
- yetihehe 1y agoIt would create more stuff by increasing market size. Those poor would be able to afford more stuff, so more stuff would be made. I'm currently in process of making something people don't need, but might like (recreating old glass who everyone remembers from their youth). I can't produce too much, because it's not competitive with cheapest glasses. If more people had more money, more people would be able to impulse buy that glass and I could make more of it. If more people had money, they would be able to do such things themselves, I'm only doing it because I'm earning a lot and banks essentially compete in who can give me the cheapest money to do interesting things. It's pretty funny actually and I have access to money much more cheaply than poor people (lower interest rate).