Eben (d4rkr4bbit)

Billionaires are a bellweather for a dying economy. The more billionaires, the worse the economy (not the stock market), the cost of living, inflation, and increased poverty. They effectively take money out of circulation (causing inflation) and do not spend enough for healthy economic liquidity.

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This is crazy, some drug company lost a drug this way. I can't remember if it's a rumor or real but supposedly they couldn't manufacture it ever again even building a facility from scratch . Makes chemistry feel more like witchcraft.

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I love this thought experiment. However, it overlooks motivations. It's convenient to leave motivation out for this example, but in reality, dishonesty without a motive is rare. In our globalized society , that covets capitalism, motive range from greed power prestige avoidance of consequences and much more. Right?

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I think maybe we do not know anything about economics? As the best we could do was globalize capitalism. An economic system that requires infinite growth and infinite demand in order to not collapse. The problem is that we do not have infinite supply or infinite demand.

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