It’s Shopify’s Tobi Lutke.
A reminder that he’s behind Build Canada and Build Toronto, and that Build Toronto’s Eric Lombardi is running for the Ontario Librral Party leadership as we speak.
It’s Shopify’s Tobi Lutke.
A reminder that he’s behind Build Canada and Build Toronto, and that Build Toronto’s Eric Lombardi is running for the Ontario Librral Party leadership as we speak.
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The multimillionaires would end inflation very quickly.
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Inflation would steadily decrease their real wealth cap. Wealth includes investments.
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Right, but I’m talking about the hypothetical in which their wealth is capped at a fixed number of dollars. They’d reach the cap and then raise the ladder up after them.
Why?
Why 100 million?
I get that the number of 10 million is arbitrary, hell, I just semi randomly picked it, but a 10 million net worth gets you A LOT more than you actually need.
Why allow 100 million, though? 10 million is more than any person would need to love an actually full life with travel and plenty of whatever, and you could still invest some money in a small company. Want a bigger one? Join a bunch of people and make a bigger one.
100 million gets into the range where youncan project power over others and that is the entire thing that got us where we are. No person should hold large amounts of power, humanity has shown over and over that that is a very bad idea.
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