Take 1 trillion dollars from the billionaires in total, now distribute 1K to each person each month? Sounds great but you run out of money in only 3 months. Then what?
Sounds great but you run out of money in only 3 months. Then what?
We won’t because billonairs don’t hold the knowledge to run factories, they just monopolize infrastructure and collect a toll. We won’t run out of money because the production is still there.
Enjoy the fruits of liberated market. /s
Honestly though you assume that the only value of liquidating assets from billionaires is getting their dollar amounts moved from on bank to another. There is a reasonable assumption that freeing up that capital to be enthusiastically invested or utilized to meet demands would provide more economic growth than it sitting in large hoards being spent in most risk adverse ways or in near total whimsy.
UBI paid for by liquidating billionaires
the logistics of this are a little iffy. People don’t really melt, they burn
They don’t need to be melted, they can be forced through a fine mesh instead.
We need to utilize the expertise of the hydraulic press channel for this task. Spaghettifying billionaires sounds very therapeutic.
They will be the luckiest of all.
Like that one Pink Floyd music video
Heat is not the only means of liquidation. If you apply sufficient pressure, they will indeed melt.
Take 1 trillion dollars from the billionaires in total, now distribute 1K to each person each month? Sounds great but you run out of money in only 3 months. Then what?
We won’t because billonairs don’t hold the knowledge to run factories, they just monopolize infrastructure and collect a toll. We won’t run out of money because the production is still there.
Enjoy the fruits of liberated market. /s Honestly though you assume that the only value of liquidating assets from billionaires is getting their dollar amounts moved from on bank to another. There is a reasonable assumption that freeing up that capital to be enthusiastically invested or utilized to meet demands would provide more economic growth than it sitting in large hoards being spent in most risk adverse ways or in near total whimsy.