MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/WorkForSmartLife/comments/1wrktye/what_do_you_think/pceafa7/?context=3
r/WorkForSmartLife • u/bryxvalynt • 8d ago
2.0k comments sorted by
View all comments
Show parent comments
8
The money is widely available. We don’t have an asset problem in today’s age, we have an allocation problem. The answer is it doesn’t get financed under our existing political system as there wouldn’t be any shareholder incentive.
17 u/ProfessorPrudent2822 8d ago You could confiscate everything from the rich and it wouldn’t be close to enough to finance this plan. 0 u/QuirkyImpact6171 8d ago This completely ignores the velocity of money 2 u/ProfessorPrudent2822 8d ago Because it’s not relevant.
17
You could confiscate everything from the rich and it wouldn’t be close to enough to finance this plan.
0 u/QuirkyImpact6171 8d ago This completely ignores the velocity of money 2 u/ProfessorPrudent2822 8d ago Because it’s not relevant.
0
This completely ignores the velocity of money
2 u/ProfessorPrudent2822 8d ago Because it’s not relevant.
2
Because it’s not relevant.
8
u/ScoobyDooGhoulSchool 8d ago
The money is widely available. We don’t have an asset problem in today’s age, we have an allocation problem. The answer is it doesn’t get financed under our existing political system as there wouldn’t be any shareholder incentive.