So someone already has the liquid money

[joeslindsay]

1-pixel-wealth/THE_PAPER_BILLIONAIRE.md

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I find it telling that no one EVER tries to quantify the paper billionaire argument. They never ask "how big is the total market?" or "what portion _could_ we safely liquidate without some major negative consequence?" No. They simply look at the massive scale of global wealth, and the massive scale of global poverty, and then retreat into cynicism. The millions dead from preventable diseases? Unsolvable, they declare. Those who would address global poverty just "don't understand how stocks work." Perhaps it's easier to just declare the problem unsolvable than to confront the massive human cost of your ideology. But confront it we must. The money is there, we just need to take it.

Liquidating portions of companies means selling shares to someone who already has cash. If it is possible to liquidate, then the cash to solve social issues already exists.

[pgroon]

The point is that a monolithic chunk of wealth will be split up into many, many smaller wealth-entities. Pebbles move more easily than a boulder. You could almost say they are more... liquid.

The entire point of this project is to get people thinking the distribution (or rather, concentration) of wealth. Are you really trying to make the point that "money exists anyway, so it doesn't matter who holds it"? Because who holds the money is precisely the single most important point.