> This argument doesn't account for would happen to the valuations of those assets once the government decided that it owned a portion of them or started forcing people to sell them
I don't think the author was trying to argue what would happen if the assets were to be sold, what they were arguing is the downplaying of billionaires wealth, largely people's belief that the extent of the wealth is exaggerated because it's just "on paper".
I posted this link to respond to this assertion:
> Is it possible that the people figuring up "wealth" for these articles have multiple reasons to exaggerate the totals
I don't think the author was trying to argue what would happen if the assets were to be sold, what they were arguing is the downplaying of billionaires wealth, largely people's belief that the extent of the wealth is exaggerated because it's just "on paper".
I posted this link to respond to this assertion:
> Is it possible that the people figuring up "wealth" for these articles have multiple reasons to exaggerate the totals