cause if everyone was getting 10k USD per day and was rich the value of money would be gone ofc
we have people working fastfood jobs or driving taxis barely making ends meet, could the world still function if everyone lived a comfortable life? maybe everyone was at least middle class?
In: 245
Tons and tons of the comments in this thread contain the fallacy of the fixed pie. They are literally making the analogy “imagine there are 1000 beans.” This is immediately wrong because there is not a fixed amount of wealth in the world. When you cut down trees, turn it into lumber, and build a house, you have *created* value. There was zero houses and now there is one. You just increased the amount of wealth in the world. That house will also deteriorate over time and need repair. Its value will decline. The total value of wealth in the world is changing ever second of every day in millions of different ways.
Latest Answers