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by alpha_squared
2145 days ago
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> it is also not good faith to assume money as a constant. Agreed. It's not constant and it's not infinite. The question then becomes at what rate does it grow and is that rate higher or lower than the stratification of wealth. If it's higher, it's either hyperinflation or wealth accumulation appears logarithmic in growth. If it's lower, it's either deflation or wealth accumulation appears exponential in growth. It appears to be lower and wealth accumulation does, indeed, appear to be exponential. We're also completely glossing over just who it is that's likely to be wealthy and suddenly it's not just an economic issue, but a socioeconomic one. |
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