Comment on What's the endgame when the rich have all the money?

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TrickDacy@lemmy.world ⁨1⁩ ⁨week⁩ ago

I kind of get what you mean, and again, not an economist, but I think the only way this capitalism thing ever “worked” was if money constantly flowed. If parts of that flow stop, it’s eventually gonna cause problems even for the rich that even “whales” can’t solve. We’re talking about whether or not money holds any value. Even a lot of billionaires could end up without much in terms of resources if that were to happen. Having a fancy car and house suddenly means a lot less once money is meaningless. I think it’s hard to even fathom all the effects of that, even for people who study economics. We are a few generations deep in this particular kind of society. Hurts my head to think about because it’s so foreign for me to imagine a world without money.

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