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by anamax
1539 days ago
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> The point I'm making is that it if we are trying to find a solution to these problems, the easiest one would be to take the billions in wealth - more wealth that can be spent in hundreds of lifetimes - away from the people who hold it and redistribute it to those who don't. After you take that stock, who do you sell it to? (Simply confiscating it doesn't move resources around.) What are they not buying so they can buy this stock? More to the point, why are they going to buy that stock if they're not buying it today. I could buy Amazon, SpaceX, Facebook, Google, stock but don't. Under this system, AWS will be less expensive but what are the odds that it will appreciate significantly? I ask because I buy stock to make money. Who is better off if I buy SpaceX instead of living on that money while I work on my startup? (If I buy said stock, I'll need to get a job to cover living expenses. Maybe that stock will go up in value so I can live off it later, but I'm eating this week.) |
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