How about this for a deal: You keep your own money and spend it how you want, and you let me do the same.
Fair?
#SocialismSucks
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Replying to @TheAliceSmith
but what if me and my family own 99.9999% of everything and you own 0.00001%?
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Replying to @benohanlon
Your question assumes that wealth is a fixed and limited amount. It isn't. Wealth can be created from nothing and then grow.
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Replying to @benohanlon @TheAliceSmith
Sorry to weigh in but fiat currency ≠ wealth. Producing goods/services (incl labour) creates wealth.
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Fiat currency destroys wealth by reducing purchasing power...
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Replying to @JaquesTowaki1 @TheAliceSmith
fiat currency is an example of wealth being created from nothing. Of course it's really theft.
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Replying to @benohanlon @TheAliceSmith
If it's "theft" & I think it is, it's not wealth creation. It maybe "apparent wealth creation" to the uninitiated
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Replying to @JaquesTowaki1 @TheAliceSmith
I'm not arguing semantics. If you're interested read this https://mises.org/sites/default/files/Mystery%20of%20Banking_2.pdf …
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Replying to @benohanlon @TheAliceSmith
I will...thanks for the tip!
I've actually been meaning to get to that!
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