If you put all the money in the world into one bank and gave everyone an account with an equal share of the pot, what would happen?
The feckless would dash off and spend theirs, then come back with their hands out. The prudent would spend some and stash the rest. The crooks would fill their boots. Entrepreneurs would start making (and losing) fortunes. The middle men would be skimming like mad and the politicians would have their noses in the trough.
And in the end, there would be mega-rich, endemic poor and lots of people somewhere in the middle. Coz that’s the way that ’uman nature works.
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