Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What do you think of this auction?
>
Reply to Thread
Message:
<p>[QUOTE="Detecto92, post: 1475374, member: 75105"]It's not this that. The rich get richer, and the poor get poorer. The rich is hoarding money, look at all those people worth "billions". This did not exist 50 years ago. </p><p><br /></p><p>When you have a select few owning most of the money, it's less for the poor and middle class to have. Money is not infinite, and when the top percentage own most, more has to be printed for the middle and lower to have more, which drives inflation.</p><p><br /></p><p><img src="http://3.bp.blogspot.com/_5AO-vZRiTM4/TNhqWszC5LI/AAAAAAAADl4/eavIgAAIIBs/s400/Wealth-Dist_group2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The above charts sums up what's happening. The elite have too much money.</p><p><br /></p><p>There needs to be restrictions installed on how much money one person can make. That's the major issue. With the current system, there is no cap on one's wealth. </p><p><br /></p><p>If this trend continues, it will be like it was back like it was in the middle ages. </p><p><br /></p><p>The kings, queens, and "noblemen" will own most of the wealth, and all you will have left is peasants. </p><p><br /></p><p>Not one person should make over $250,000 US a year. That is a very generous amount of money, considering some people make millions a year. One person should not be allowed this kind of wealth, as it stresses out the middle and lower classes. </p><p><br /></p><p>You can laugh and scoff at this all you want, but it's simple economics. </p><p><br /></p><p>Think of it as a pizza. The pizza is total amount of money in the US. If every person gets one slice, then things are equal. However if a person takes 75% of the total slices, it's less pizza, or money, for the middle and lower classes to have.</p><p><br /></p><p>The only solution for the current economic situation to improve is if the elite have their annual salaries capped, and the remainder goes back down the "ladder". </p><p><br /></p><p>This is not politics, but economics.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1475374, member: 75105"]It's not this that. The rich get richer, and the poor get poorer. The rich is hoarding money, look at all those people worth "billions". This did not exist 50 years ago. When you have a select few owning most of the money, it's less for the poor and middle class to have. Money is not infinite, and when the top percentage own most, more has to be printed for the middle and lower to have more, which drives inflation. [IMG]http://3.bp.blogspot.com/_5AO-vZRiTM4/TNhqWszC5LI/AAAAAAAADl4/eavIgAAIIBs/s400/Wealth-Dist_group2.jpg[/IMG] The above charts sums up what's happening. The elite have too much money. There needs to be restrictions installed on how much money one person can make. That's the major issue. With the current system, there is no cap on one's wealth. If this trend continues, it will be like it was back like it was in the middle ages. The kings, queens, and "noblemen" will own most of the wealth, and all you will have left is peasants. Not one person should make over $250,000 US a year. That is a very generous amount of money, considering some people make millions a year. One person should not be allowed this kind of wealth, as it stresses out the middle and lower classes. You can laugh and scoff at this all you want, but it's simple economics. Think of it as a pizza. The pizza is total amount of money in the US. If every person gets one slice, then things are equal. However if a person takes 75% of the total slices, it's less pizza, or money, for the middle and lower classes to have. The only solution for the current economic situation to improve is if the elite have their annual salaries capped, and the remainder goes back down the "ladder". This is not politics, but economics.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What do you think of this auction?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...