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A comment on Are we running out of resources?. Parent comment

Re:Are we running out of resources? by valenterry on Monday April 04, 2022 @07:17AM (#30905287)
10M dollars cash? No problem, rich folks will just buy other assets and use them to trade.

If you mean 10M assets, then you will now have to estimate the value for a lot of things, including stocks. It will also take motivation away from founders and investors - why they take a big risk if they have an upper limit of roi?

I agree that the current inequality is a big problem, but your solution is certainly not a "simple answer" unless you accept potential decline of quality of life for everyone.

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Re:Are we running out of resources? by oblio on Monday April 04, 2022 @07:35AM (#30905426)
> why they take a big risk if they have an upper limit of roi?

Power? Influence? Popularity?

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Re:Are we running out of resources? by valenterry on Monday April 04, 2022 @09:19AM (#30906295)
You don't get much power if you only end up owning only small part of the business in the end - same for influence compared to now.

Popularity, well maybe. But I think it's only a part of what motivates people today.

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