• SoftestSapphic@lemmy.world
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    1 day ago

    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.

    • Batman@lemmy.world
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      15 hours ago

      If they had their money scrooge mcduck style. But the assets they own will explode in value almost proportionally to the value of the dollar

    • Aqarius@lemmy.world
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      1 day ago

      That wouldn’t work because the bilionaires don’t have money, they have assets, AKA capital.

    • MuskyMelon@lemmy.world
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      20 hours ago

      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.

      • SoftestSapphic@lemmy.world
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        16 hours ago

        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.