RavenofDespair@lemmy.ml to Showerthoughts@lemmy.world · 6 days agomoney should have a expiration date too stop hoardersmessage-squaremessage-square47fedilinkarrow-up153arrow-down133
arrow-up120arrow-down1message-squaremoney should have a expiration date too stop hoardersRavenofDespair@lemmy.ml to Showerthoughts@lemmy.world · 6 days agomessage-square47fedilink
minus-squareRavenofDespair@lemmy.mlOPlinkfedilinkarrow-up2·6 days agoInflation has little impact on the wealthy. I should have said wealth or assets
minus-squareCannedYeet@lemmy.worldlinkfedilinkarrow-up2·4 days agoIt makes them invest their money which puts it to good use. That makes credit cheaper for everyone else. Inequality is an issue, but that’s what taxes are for. You don’t solve inequality by breaking the economy.
minus-squareTranquilTurbulence@lemmy.ziplinkfedilinkEnglisharrow-up1·5 days agoYeah that’s a good clarification. If land and old paintings had had an expiration date…
minus-squarejustaman123@lemmy.worldlinkfedilinkarrow-up2·5 days agoI mean the Mexican government makes it so that land can only be owned for 100 years.
minus-squareTranquilTurbulence@lemmy.ziplinkfedilinkEnglisharrow-up1·4 days agoThat still means that the rich kids can inherit land from their billionaire parents. Generational wealth can still exist.
minus-squarejustaman123@lemmy.worldlinkfedilinkarrow-up2·4 days agoYeah, also the leases can be renewed and it just ends up being a way to collect taxes.
Inflation has little impact on the wealthy. I should have said wealth or assets
It makes them invest their money which puts it to good use. That makes credit cheaper for everyone else.
Inequality is an issue, but that’s what taxes are for. You don’t solve inequality by breaking the economy.
Yeah that’s a good clarification. If land and old paintings had had an expiration date…
I mean the Mexican government makes it so that land can only be owned for 100 years.
That still means that the rich kids can inherit land from their billionaire parents. Generational wealth can still exist.
Yeah, also the leases can be renewed and it just ends up being a way to collect taxes.