3 ms·
Here's an idea! Step 1) Take away all money from everyone make big pile 'o cash. Step 2) Give everyone an equal distribution of the big pile 'o cash. Step 3)
by kenrikm 13y ago
Here's an idea!
Step 1) Take away all money from everyone make big pile 'o cash.
Step 2) Give everyone an equal distribution of the big pile 'o cash.
Step 3) Wait one year.
Step 4) Scratch head over how some are now poor and other are super wealthy even after the great leveling.
Hmm no, maybe not such a great idea.
There is a finite amount of tangible goods that can be produced, money chases goods, markets react, prices rise. If everyone has a million dollars do you think someone will sell you his Ferrari for $200k ? No, because the value of the Ferrari does not reside within the dollar, it's only a medium of exchange used for easily trading goods and services.
- nawitus 13y agoBasic income can be cost neutral.