Generally, everything would just be plain better as their dragon hoards are actually spent, and they dont hoard GDP from the rest of us. But you’d probably see a public service boom wherever they invested, and you’d likely see a lot less people struggling with anything from bills to food to even entertainment.
For sure wealth should be taxed, but OPs idea that it’s just unused billions sitting around is untrue. People shouldn’t belief in falsehoods. Also if you try to argue for wealth tax, and get something basic like this wrong, the argument is already lost.
Of course it isn’t just sitting around unused, it’s being reinvested to make more money. Billionaires typically put most of their net worth into assets and stocks and then live off of loans, just like the comic I posted alludes to. Just because they don’t have literal piles of cash sitting around doesn’t mean they aren’t absurdly wealthy.
And let’s be honest, if a billionaire wanted a Scrooge McDuck style gold pile they could have it arranged within a week at most.
Generally, everything would just be plain better as their dragon hoards are actually spent, and they dont hoard GDP from the rest of us. But you’d probably see a public service boom wherever they invested, and you’d likely see a lot less people struggling with anything from bills to food to even entertainment.
Its not a dragon hoard, its the perceived value of their companies.
This is canon in Shadowrun.
For sure wealth should be taxed, but OPs idea that it’s just unused billions sitting around is untrue. People shouldn’t belief in falsehoods. Also if you try to argue for wealth tax, and get something basic like this wrong, the argument is already lost.
Of course it isn’t just sitting around unused, it’s being reinvested to make more money. Billionaires typically put most of their net worth into assets and stocks and then live off of loans, just like the comic I posted alludes to. Just because they don’t have literal piles of cash sitting around doesn’t mean they aren’t absurdly wealthy.
And let’s be honest, if a billionaire wanted a Scrooge McDuck style gold pile they could have it arranged within a week at most.
That is a big factor, but they also have regular assets and personal imvestments