Charity law is pretty good.SuburbanFarmer wrote: ↑Tue Aug 20, 2024 1:17 pmSure…. And you’ve hyper-incentivized bond sales, and de-incentivized purchasing them after 40. So the highest earners pile all their money into trusts and fake charities, and the government collapses.Martin Hash wrote: ↑Tue Aug 20, 2024 9:38 amSo what if money suddenly disappears? Just like it suddenly appeared.
Same with stocks. It makes the remaining stock more imaginarily valuable but so do lots of things - stocks are gambling.
Bond cancelation helps everyone.
It’s like reverse bankruptcy.
Trusts are limited.