this post was submitted on 19 May 2025
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[–] [email protected] -1 points 4 days ago

His point is that a lot of people are really stupid and financially irresponsible and it doesn't matter if you give them the wealth in stocks or assets or cash it's going to be used up fast. Meanwhile those who are smart with their money will use it to accumulate more and in a few years you'll be back at square one.

Are you saying the solution for this is to continually redistribute wealth? Do you understand what you are saying?