Quote:
Originally Posted by johnathan
what if a law were passed that limited the amount of money people could have. lets say the limit is a million. no one needs more than a million. this way all the millionnaire (multi) and billionaires would have to spend their money or give it away thus putting it back into the economy. ther money would be dispenced more evenly. giving more people a greater chance of a happy life. because the prices of alot of things will go down bc there would be more money to go around. it wouldnt just be stuck in a rich guys pocket that got lucky and invented a microchip.
is this plausable?
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the money of millionaires and billionaires is in the economy already so this does not increase level of economic activity as you seem to claim but it does change distribution of course there are six billion people in the world many of them have no clean water to drink or basic food and medical needs so if money is transferred from rich people like baut membership to them then they can have better lives and this is good because why is it right for baut members to be rich only because they are lucky to be born in rich countries
so you can set the limit at five thousand dollars instead of one million this is a good idea dont you think