| > The predominantly rich are who get into those ivy league schools and rack up giant student loans. You're planning to pay off rich kids loans? that one's gonna need a citation lol. > Also how's that money printing going? 8.5% inflation and still rising... You want more of that? ask the corporations that are posting record profits in spite of this inflation > The poor will burn that million so fast. It's the mentality of the psyche, no different than a dog who eats their food as fast as possible fearing they might lose it. break out the calipers boys > The rich take the million and buy as much investments as possible right away. wait i thought we were getting inflation that makes the million meaningless > In a couple years we go check on how things are doing... the rich are rich. the poor are poor. Nothing changes. People need to understand that money doesn't work this way. Want to eliminate inequality? Teach people to not be poor, teach them to bust their butt doing something useful to society. real rich dad / poor dad hours here |
The whole point of education is that getting it will make you rich. the point I was making though is that statistically the people who get post-secondary educations are from rich families.
https://www.ajc.com/blog/get-schooled/college-admissions-the...
This is a leading reason why the rich get richer and the poor stay poor. The big question is if single-payer post-secondary makes sense and while Germany for example does have this... they vastly restrict what you can take. Liberal arts is basically not something you can take in germany.
>ask the corporations that are posting record profits in spite of this inflation
In a high inflation environment, the corporations will always post good profits. It's not the other way around where corporations create inflation, quite the opposite.
>wait i thought we were getting inflation that makes the million meaningless
Oh ya, print that much money and inflation would be insane; it would ultimately be meaningless but the point being illustrated is that even if we equaled the playing field, inequality would come right back.