When everyone is born with equal wealth, money loses its value because wealth only has meaning when it is scarce; universal distribution eliminates the relative scarcity that gives money its purchasing power, causing inflation that makes even a million dollars worth only a loaf of bread.
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What if every single person was born a millionaire? đAĂąadido:
What if every single person was born a millionaire? From day one, a million dollars in the bank. No poverty, no struggle, everyone starts rich. But here's what happens next. If everyone has a million, >> [music] >> nobody wants to work. No farmers, no drivers, no doctors. And with everyone spending, prices explode. That million now worth a loaf of bread. Wealth only means something when not everyone has it. Money [music] is relative. Being rich isn't about the number in your account, it's about what that number can actually buy. Follow for more.
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