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A comment on Once poor, always poor?. Parent comment

Re:Once poor, always poor? by synthos on Sunday December 26, 2021 @11:18PM (#29699135)
Until dynasties with extremely large Southh Dakota in-perputuity Trusts make it almost impossible for wealth to erode in 2-3 generations or even longer. There's a good reason why trusts were restricted to ~100 years but now the world has lost that legal fight. In 100, 150 years, just how much power will the trust holders of these perpetual trusts have over the rest of society?
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Re:Once poor, always poor? by kortilla on Monday December 27, 2021 @02:50AM (#29700425)
Impossible is a bit of a joke there considering the instability this country has has had on those timescales. 3 generations ago South Dakota being a state was a novelty.
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Re:Once poor, always poor? by DarylZero on Monday December 27, 2021 @01:51AM (#29700131)
The age of dynasties is over; the 1990s tech billionaires will achieve immortality and in 150 years, the very same people will own everything.
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