- Billionaire wealth surged by over $300 billion in the first month of the year. It would take 15 million workers an entire year to make as much money.
- Since G20 Finance Ministers agreed to work together to effectively tax the super-rich in July 2024, billionaires have pocketed over $1 trillion in new wealth.
- More than 50 organizations from across the world are urging G20 leaders to tax the super-rich to end extreme inequality, and invest in climate, environmental and social action.
The billionaires are already in the business of inventing new currencies as a method of wealth extraction. So unless the new currency is billionaire scalps, it’s not going to do anything.
Hear me out: the currency is to be made from the hide of billionaires.
Awe fuck. Time to go back to grow our food and learn a trade so we all can trade our skilled labor/services in some sort of online marketplace that doesn’t use a currency.
You always end up with a currency. But if it’s a finite, redistributed (so, collected and redistributed) it can work. IMO.