The hottest Wealth Inequality Substack posts right now

Cryptocurrency is seen as a social protest movement and may change global financial systems.
Wealth inequality and historical revolutions are driving societal fascination with cryptocurrency.
Cryptocurrencies are rooted in a long history of economic systems and reflect a desire for change in reciprocity systems.

To reduce inflation, we need to increase supply or decrease demand.
Wealthy individuals can theoretically impact inflation by spending less, but it's unlikely many will collaborate on this.
Government policies play a significant role in managing inflation, but current strategies might not be effective.

The billionaire tax targets a very small number of rich people, but taxing such a small group can lead to unpredictable results and lower revenue. It's better to have broader taxes that apply to more people.
This tax includes taxing unrealized capital gains, which means taxing increases in asset value that people haven't actually sold for cash. This creates challenges, as people need cash to pay taxes even if they haven't sold anything.
The new tax may inadvertently affect other areas, like estate taxes, because it changes how asset values are assessed. This could lead to less tax revenue in the future instead of more.

Income and wealth inequality decreased during the pandemic due to stimulus and increased minimum wages.
The pandemic accelerated technological advancements, such as the development of mRNA vaccines and digital payments.
Changes in real estate preferences indicate a lasting shift towards valuing residential space over commercial space.

Supporters of lockdowns and money printing may face harsh reality with rising grocery bills.
Outsourcing personal agency to bureaucracies and adopting slogans over dialog can lead to negative consequences.
The system may be failing due to cronyism, and a return to true capitalism based on freedom might be necessary.

Get a weekly roundup of the best Substack posts, by hacker news affinity:

Traditional models of competition in oligopolies may not consider the impact of cross-ownership of shareholders on firm behavior.
Shareholders with stakes in multiple firms might prioritize overall profits rather than just the profits of the firm they own, potentially leading to collusive outcomes.
The distribution of wealth among shareholders and their relation to consumption levels are important factors to consider in addressing market power and wealth inequality.