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by jazzyjackson
2 hours ago
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Hoarding money is not economically prudent in a system designed with mild inflation. Money loses value sitting still, to grow wealth there has to be some action with a positive return. The trouble will billionaires is the oligopolizing of power and influence, not that they're sitting on gold that could otherwise be yours... I've spent a lot of time in communities trying to grow past 'money' and decided that the usual replacement is allegiance to some other ideology that aligns everyone's incentives to a common cause or cult. I'd rather have diverse incentives with a common language of cash. |
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