03-14-2021, 08:36 AM
When I mention a maximum amount of hoarding. It could be something as low as one hundred thousand dollars (100,000.00$).
Jeff would not have to spend the excess 200 billions he is not actually holding. But also all companies would have to do the same thing. Although, the maximum would have to be different.
I know this is not a workable solution. It's just the sort of thought experiment useful in demonstrating that money is not meant to be usable in a perfectly fair way to everyone. From this realization, society can decide what to do, if anything...
Jeff would not have to spend the excess 200 billions he is not actually holding. But also all companies would have to do the same thing. Although, the maximum would have to be different.
I know this is not a workable solution. It's just the sort of thought experiment useful in demonstrating that money is not meant to be usable in a perfectly fair way to everyone. From this realization, society can decide what to do, if anything...
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