Hacker News new | past | comments | ask | show | jobs | submit login

I think they're too aware that with real dollar inflation probably running at least 10% per year (per Michael Saylor), they'd loose too much value for them to consent to holding only cash for 2 to 6 years. For every $100K they had, they'd end up holding something near $81K down to $53K in real purchasing power... and that's assuming they were content to only stay in power one term.



that's exactly the point. it's almost a game for rich people to pump up their legacies or because they're just bored. you want them gone. When they are gone, there will be plenty of people left that choose never to buy another stock again for the rest of their lives. No law, just a personal code. Because the influence and power obviously last after you leave office. Monks and samurai can exist. Then so can a congressional Bushido. You just have to stop voting for people who think about their stocks all day while sitting at meetings.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: