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If inflation continues indefinitely, practically everybody will be a trillionaire at some point in the distant future.
“Nobody should be a trillionaire” is a controversial statement to conservatives
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Anonymous 2w

I did the math, so there are the numbers. However the math doesn’t even matter in practicality. High inflation rates exacerbate wealth inequality, purchasing power is greatly decreased, and acting like a massive economic collapse would not come before that is naive.

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Anonymous 2w

this is a moronic take

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Anonymous replying to -> #1 2w

It’s just basic economics. It might take a very long time, but if we never change our currency and inflation continues, it will happen.

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Anonymous replying to -> OP 2w

For example, in 1913 $1 had the same purchasing power that $33 has today. If a similar x33 increase occurs over the next 112 years, $1,809 would have the same purchasing power in 2137 as $33 has today. x33 over another 112 years, you’d get $35,937 in 2249 being the same value as $1 in 1913 or $33 today.

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Anonymous replying to -> OP 2w

So it could take many many hundreds, or potentially thousands, of years, but it currently is inevitable if current conditions continue.

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Anonymous replying to -> #1 2w

I respect you for doing the math. But the USD has been in use since 1792, 233 years ago, and has been experiencing constant inflation. 2249 is 224 years away. So this equivalent discussion would have been had in 1801 about the Dollar in 2025. Who’s to say it’s not still in use then?

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Anonymous replying to -> OP 2w

What…? No his math clearly stated it’s using the modern value dollar as a baseline, so what does the history of the USD have to do with anything?

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Anonymous replying to -> OP 2w

Wow, all that text to prove you have NO idea what he ment by “no one should be a trillionaire”

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Anonymous replying to -> nya_nya 2w

I know what he meant. He was saying nobody should accumulate a trillion dollars in the current day with current values. I’m not even making an argument in that point, just discussing the far future.

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Anonymous replying to -> OP 2w

Okay… so?

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Anonymous replying to -> nya_nya 2w

Just think it’s interesting to think about.

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