Here’s the thing. The bubble will pop, people will loose billions, the prices of everything will go into flux, the economy will crash, and the people who still have enough money to make serious investments during that time will be able to buy so much more stuff simply because so much more will be for sale.
We saw it happen in 2008, we saw it happen in 2020, and it will happen again when the bubble pops, and we’ll just let the people who crashed the economy off the hook, and borrow more money from our future selves to pay them to fix it now.
Happens every time. Realistically, the only thing that would “level” the playing field is a complete collapse of all currency. Unrealistically, it could be leveled through progressive taxes on obscene incomes, a recurring tax of accumulated wealth over a certain value, and closing of tax loopholes.
Here’s the thing. The bubble will pop, people will loose billions, the prices of everything will go into flux, the economy will crash, and the people who still have enough money to make serious investments during that time will be able to buy so much more stuff simply because so much more will be for sale.
We saw it happen in 2008, we saw it happen in 2020, and it will happen again when the bubble pops, and we’ll just let the people who crashed the economy off the hook, and borrow more money from our future selves to pay them to fix it now.
well that doesn’t sound as good, i never even considered this to be a possibility, but thinking about it logically makes sense
Happens every time. Realistically, the only thing that would “level” the playing field is a complete collapse of all currency. Unrealistically, it could be leveled through progressive taxes on obscene incomes, a recurring tax of accumulated wealth over a certain value, and closing of tax loopholes.