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I want to live in a world where staying a billionaire is just as hard as becoming one. Where the Bill Gateses of the world have no time to pontificate about "overpopulation" or the weather because they must constantly be innovating and reinventing themselves so as not to fall back into the upper-middle class.
- on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ likes this.
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@cjd How are you going to achieve that?
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Off the top of my head:
1. Kill the money printer : Humans have proven they are not qualified to control monetary policy, it doesn't matter what central banks "could" do, what matters is what they do do.
2. Small (as possible) government : There are no corrupt contracts if there are no contracts at all. Corollary: Government shouldn't be trying to fix failing businesses.
3. Progressive taxation & regulation : Environmental or employment regulations on a company like DuPont or Amazon should be entirely different from those placed on a garage startup. - Income tax is a dismal failure and should be eliminated entirely (in America it's also illegal).
4. Make Investing Hard Again : You shouldn't be able to just "put it in the SPX and make 7%" that's not investing. All investing should look the way Venture Capital and the crypto ecosystem already do. Big returns if you do the diligence, wiped out if you don't.
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@cjd @mar77i The last man who tried to do something about financial parasites had to fight the entire world.