There are some problems with it that make it not as simple as it would appear.
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If it was 100% perfect and not cheatable then the economy would a just around it as the new norm. In a few years people would say “you can get by on 99 million” and they’d be right. There would be calls to lower it again and the economy would shift around it. Imagine an MMO with a max coin cap and you can visualize the economy of it. The price of everything might eventually come down, but we would still be unable to afford any of.
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It’s cheatable. Elon can’t make 70 billion in one year? That’s why he has 70 kids and they’re all employees of Eloncorp and they each make 1 billion. Or, if you don’t trust your kids (which he probably wouldn’t since …) You could just form 70 corporations to hold the money.
Rich peoples money is tied up by accountants and lawyers so tight there isn’t a magic fix for it. Elon could litigate through an entire presidency until his paid for politician was elected and could undo the tax laws.
Just think about the fact that this man dodged the draft and everyone knows it.
He has never served a day in his life. It used to be pretty much a requirement that a realistic presidential candidate was ex-military.
This shit is bonkers. None of this guys children are at any risk if he goes to war with Denmark, Mexico, and Canada.
Not that he really wants Greenland, or Canada. Its a distraction once again to steer the talking points away from whatever Russia and China are doing, or whatever climate catastrophe they’re working on.
Finally, this is only news to people reading left leaning sites. Fox news would gloss over this shit or give it 30 seconds of praise. By the time we get properly agitated about something, his fans have forgotten it ever happened.
People keep saying “How is this not the last straw for people”… He was reelected by people who don’t know about these things or don’t care.