The Picard ManeuverM to Lemmy [email protected] • 2 years agoThey were lucky Aladdin was such a cool dudestartrek.websiteimagemessage-square61fedilinkarrow-up1572arrow-down120
arrow-up1552arrow-down1imageThey were lucky Aladdin was such a cool dudestartrek.websiteThe Picard ManeuverM to Lemmy [email protected] • 2 years agomessage-square61fedilink
minus-squareThe Picard ManeuverOPMlinkfedilink36•2 years agoWould this one unintentionally help reduce wealth disparity?
minus-square@[email protected]linkfedilinkEnglish25•2 years agoBy a lot! It would also cut every overdrawn bank account by half :) Unfortunately it’s just “bank balance”, so actual debts outside of that wouldn’t be touched.
minus-square@[email protected]linkfedilinkEnglish11•2 years agoIt would get worse. Cash reserves are for working class people; the rich mostly hold stocks which appreciate over time.
minus-square@[email protected]linkfedilink2•2 years agoMultiply bank balances by current balance/$1000000
minus-square@[email protected]linkfedilink3•2 years agoCan’t have the common folk benefiting after all, that would be ludicrous.
Would this one unintentionally help reduce wealth disparity?
By a lot! It would also cut every overdrawn bank account by half :)
Unfortunately it’s just “bank balance”, so actual debts outside of that wouldn’t be touched.
It would get worse. Cash reserves are for working class people; the rich mostly hold stocks which appreciate over time.
To the power of 0.5 would be better
So my bank balance can go from -£1 to £i - wow, thanks
Money is imaginary
It’s a bit more complex than that.
Yeah this
Multiply bank balances by current balance/$1000000
There’s the evil
Can’t have the common folk benefiting after all, that would be ludicrous.