983279432879432

3 ms·

1. 1.▲
   by 983279432879432 6y ago

   People can (and do) invest in gold right now. Nothing would change significantly for rich people as they would continue to put most of their money in the same investments they do today which generally have higher risk adjusted returns than
2. 2.▲
   by 983279432879432 6y ago

   Rich people have no reason to keep significant amounts of currency while poor people have fewer options. Workers must also actively negotiate for higher wages while the value of their wage is passively going down.
3. 3.▲
   by 983279432879432 6y ago

   Regulations usually don't do what those who advocate for them say they do. They are generally created to benefit some corporations at the expense of consumers and/or other corporations. I'm not convinced environmental regulat