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1811

Temporarily embarrassed millionaires pt. 2 (sh.itjust.works)

submitted 8 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 8 months ago* (last edited 8 months ago)

You can just literally take the ownership of a portion of the stocks and investments off them and place them in control of a government run sovereign investment team instead. It's not exactly hard to figure out what these are worth at any moment anyway, realized gains or not, that's what the stock market tracks for us and what they use to estimate worth and use as collateral for loans with banks. If banks trust this way of doing it then so can we.