What would happen if everyone in your country became rich? Would inflation equalize it or would everyone just diaspora to maintain their buying power

posted 5 months ago

Couldn’t the collective threat that everyone just diasporas mitigate inflation if businesses tried to pull any funny business?

Why does it work for Monaco?

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otp@sh.itjust.works

9 points

5 months ago

How many people are rich and continue to amass wealth even though they have more money than they really know what to do with?

How many important projects are done by volunteers?

How many old people work jobs they don’t need just to keep themselves social and busy?

And in that hypothetical scenario, money still exists, it’s just equally distributed. There’ll still be people who want more, people who waste what they have and need a top-up, etcetc.

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