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How to fix the economy
(lemmy.world)
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this post was submitted on 08 Feb 2025
473 points (96.6% liked)
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Don't be mean. I promise to do my best to judge that fairly.
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She's not totally wrong
If we gave every American 1 billion dollars the current billionaires would lose massive amounts of power and it would help fix wealth inequality.
Do that and get ready for 100,000 dollars for a dozen eggs cause the market will charge what it knows the customer can pay.
That's the point.
The poorer groups will pay the same amount of their wealth proportionally for things, but the proportional wealth of the rich will be dimished.