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Everyone is out here trying to reduce the billionaire population to 0... meanwhile im out here trying to increase it to 100%
correct, quinn
freemo: "billionaire population[..]im out here trying to increase it to 100%"
we had this experiment already a couple of times. it's called #hyperinflation.
https://mastodon.satoshishop.de/@mk/109867207374513120
That only occurse when it happens through increasing the money supply and distributing it.
When the value comes from the generation of wealth (such as from running a business) then no reason to expect it would result in hyper inflation.
@freemo @icedquinn @realcaseyrollins
and here we go again...
please define the word "wealth" for me.
do you still believe in this one?
The production of things that have utility to the population. Its not a terribly hard thing really even though it can get quite complicated if your trying to map out real world models. But the idea of "what is wealth" I think isnt too hard for most to understand honestly.
@freemo @icedquinn @realcaseyrollins
"But the idea of "what is wealth" I think isnt too hard for most to understand honestly."
no. it's just hard to get your answer when you surround it with this much bullshit.
"[bullshit] Well the best way to think of it is the worth of everything you have [bullshit]"
Yes when the extra details and full complexity comes out it can be harder to answer sure. It is afterall a complex system economics.
