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Bill B
Garys Economics
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Comments by "Bill B" (@billB101) on "Fixing the Economy" video.
So what happens to say, Royals and families with old money, do those people also effectively lose everything after 120 years, and whose birthday exactly is this based on? I mean, interesting idea, but those with old money are never going to ever let this happen. I guess it could work as a % of their wealth though, for example they lose 90% after 120 years with some assets locked in and so still have a base to build on. ( handing back rent-able real estate would be good, getting rid of the hoarding landlords in one fell swoop ) Also who would control this social pot? I mean, massive corruption and even wars could start over that one.
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@garyseconomics I hear that, but it'd have to be collected and distributed from some kind of pot. And they'll always be someone skimming off the top somewhere. ;)
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