It would get worse. Cash reserves are for working class people; the rich mostly hold stocks which appreciate over time.
Comment on They were lucky Aladdin was such a cool dude
The_Picard_Maneuver@startrek.website 1 year agoWould this one unintentionally help reduce wealth disparity?
explodicle@local106.com 1 year ago
key@lemmy.keychat.org 1 year ago
To the power of 0.5 would be better
loobkoob@kbin.social 1 year ago
So my bank balance can go from -£1 to £i - wow, thanks
orl0pl@lemmy.world 1 year ago
Money is imaginary
Klear@sh.itjust.works 1 year ago
It’s a bit more complex than that.
MicrosoftSam@lemmy.world 1 year ago
Yeah this
RedReaper@infosec.pub 1 year ago
Multiply bank balances by current balance/$1000000
The_Picard_Maneuver@startrek.website 1 year ago
There’s the evil
RedReaper@infosec.pub 1 year ago
Can’t have the common folk benefiting after all, that would be ludicrous.
Vlyn@lemmy.zip 1 year ago
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.