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Its called inflation. And billionaires dont hoard money, they hoard assets. Most of the time inflation just makes them richer, as salaries drain out year over year and their stock prices keep going up.
For Billionaires+ only
It’s fucking sad you even need the +. Billionaires should not exist, even less so trillionaires.
You mean gift cards?
Please note that Elon Musk doesn’t hoard money in the same way that Scrooge McDuck does
Man, I wish the world's richest man was just a cheap skate instead of a corrupt sociopathic nazi fraud edgelord.
That's pretty much always been an apt description of the World's richest person.
Yes but he does hoard wealth and assets.
Still waiting for further explanation.
Please explain.
And schools should have economics and personal finances as part of the curriculum.
Nobody is hoarding money. Scrooge McDuck is a bad caricature of a rich person - that's not how any of it works.
And schools should have economics and personal finances as part of the curriculum.
the problem with this "common sense" approach is that it emphasizes and reinforces personal responsibility in a system that's rigged to take advantage of every human foible.
I call this the "late-fee" fallacy. As in the idea that video store late fees are intended to encourage responsible behavior, not a revenue stream that the business relies on. Overdraft fees are another great example.
Financial responsibility would ruin the economy.
It does. It’s called inflation.
Modern millionaires don’t hoard cash, just like ancient millionaires didn’t hoard apples or wheat. Sure, millionaires always had something perishable, but most of the wealth was/is tied in things like land, buildings, companies, ships, cattle, slaves, stocks, bonds, loans etc.
Inflation has little impact on the wealthy. I should have said wealth or assets
It makes them invest their money which puts it to good use. That makes credit cheaper for everyone else.
Inequality is an issue, but that's what taxes are for. You don't solve inequality by breaking the economy.
Yeah that’s a good clarification. If land and old paintings had had an expiration date…
I mean the Mexican government makes it so that land can only be owned for 100 years.
That still means that the rich kids can inherit land from their billionaire parents. Generational wealth can still exist.
Yeah, also the leases can be renewed and it just ends up being a way to collect taxes.
That would disproportionately affect the poor since the money owned by the wealthy is overwhelmingly tied up in other assets, index funds etc
Your right I should have said wealth or assets
This has actually been tried. It's called [https://en.wikipedia.org/wiki/Demurrage_currency](demurrage currency). Basically, every note decreases in value every week: in 1930s Austria, this was accomplished by requiring people to get regular stamps to keep their money good, but every stamp reduced the value of the note.
This encourages people to spend money instead of hoarding it, but the obvious downside is that it makes saving functionally impossible.
very cool thanks :)
Yes, only already rich should have an ability to use capital. Peons should be stripped of even theoretical possibility to get any capital-tier sum. Only gas and bread money.
I was thinking more of people having what they can use and not horad wealth and assets.
Absolutely not
Hoarding is not illegal, maybe it should be, certainly at scale but currently it is not so measures to stop it are not lawful at this time.
Lol. The way you make something illegal is by passing laws. It's not unlawful to pass laws
Hoarding is not the correct way to think of billionaires amassing grotesque wealth, hoarding is the old couple putting cash under the bed. For the old couple it is their money and their business. What billionaires do is a significant societal drain on resources and should be dealt with accordingly, akin to war crimes.
Yeah, I feel like we want constant deflation instead of inflation.
Deflation makes dollars MORE valuable, and thus discourages commerce.
Do you mean cash, money, or wealth?
Sorry I should have said wealth or assets.
this post was submitted on 18 Jun 2026
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Showerthoughts
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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts:
- Both “200” and “160” are 2 minutes in microwave math
- When you’re a kid, you don’t realize you’re also watching your mom and dad grow up.
- More dreams have been destroyed by alarm clocks than anything else
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