this post was submitted on 10 Dec 2023
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Futurology

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In what global investment bank UBS calls 'the great transfer' - billionaires are making more money from inheritance than entrepreneurship. (www.ubs.com)
submitted 2 years ago by Lugh to c/futurology
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[–] CanadaPlus 1 points 2 years ago* (last edited 2 years ago)

Fun, the formation of a new aristocracy. I wonder how long it will be before they start inventing shibboleths to keep the peasants that manage to claw their way up out.