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Article #2663Re: Superbillionaires: a financial note
From: Fabrizio J Bonsignore
Date: Sun, 03 Jul 2005 13:07
Date: Sun, 03 Jul 2005 13:07
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2815 bytes
The same argument can be applied to some debts and to interest rates. Another good measure would be to calculate allowable financial wealth based on a fair interest rate measure of owned real wealth, that is, correcting excessive returns to capital to adequate them to what real wealth actually represents, accumulated capital (it may need to be discounted based on some business' natural over-normal economic benefits to be fairer [fairness in relation to theis fact recognition], and accumulated financial wealth be automatically discounted [or redistributed] by the banking system' computer programs); also, the returns to scale of capital should be included, with a penalty if excessive liquid capital is not applied to possible projects where economis of scale ni capital are important (mainly, I think, scientific research and superengineering projects). The fact is that from a psychological point of view (see the related threads), superfortunes cannot even be considered: tehre is a point where everything is bought out, and a limit to what any individual can use to satisfy needs (day has only 24 hours...). Many problems can be sol;ved if we leave aside truly fair economic fairness to a more humane system of wealth redistribution... Fabrizio J BOnsignore now Danilo J Bonsignore (it looks like the CIA and other secret services don't want this kindof contributions and ideas! But then they say there are two CIAs...)
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X-Google-Thread: fd5f7,e36c25088a794cf8 X-Google-Thread: 10b271,e36c25088a794cf8 X-Google-Thread: 10a12a,e36c25088a794cf8 X-Google-Thread: 101049,e36c25088a794cf8 X-Google-Thread: fb1cb,e36c25088a794cf8 X-Google-Attributes: gidfd5f7,gid10b271,gid10a12a,gid101049,gidfb1cb,public X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news1.google.com!postnews.google.com!z14g2000cwz.googlegroups.com!not-for-mail From: "Fabrizio J Bonsignore" <fbonsignore@beethoven.com> Newsgroups: sci.econ,sci.physics,ny.general,dc.general,seattle.general Subject: Re: Superbillionaires: a financial note Date: 3 Jul 2005 06:07:24 -0700 Organization: http://groups.google.com Lines: 25 Message-ID: <1120396044.810519.130120@z14g2000cwz.googlegroups.com> References: <1120394672.574583.113230@z14g2000cwz.googlegroups.com> NNTP-Posting-Host: 208.37.158.100 Mime-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" X-Trace: posting.google.com 1120396048 6363 127.0.0.1 (3 Jul 2005 13:07:28 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Sun, 3 Jul 2005 13:07:28 +0000 (UTC) In-Reply-To: <1120394672.574583.113230@z14g2000cwz.googlegroups.com> User-Agent: G2/0.2 Complaints-To: groups-abuse@google.com Injection-Info: z14g2000cwz.googlegroups.com; posting-host=208.37.158.100; posting-account=yKf8UwwAAABFL8I0LVVxaqT3lOBPEWSq