29 January 2014 - rich money supply
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Much of the remaining wealth of the super-rich lies in their business
interests, where “interest” means “empire”. A running business must not
be reduced to cash, so it should be distributed to the public as shares,
which might come to $2500 or $3000 per person in the world. But if many
of these people want to sell shares to, say, irrigate their crops, they
may have trouble because there won’t be $10,000,000,000,000 of spare
cash to trade for them. Speculators would have to borrow to buy shares,
and the next thing we knew we’d have another class of the super-rich.