It's a fun thought, but you know what we call those people? Poor. The people who light their own money on fire today are ceding power. The two are the same.

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oblio 4 hours ago | parent | next [-]

At the end the day a medieval lord was poor but he lived a better life than the peasants.

	▲	WarOnPrivacy 2 hours ago \| parent [-]
		> At the end the day a medieval lord was poor but he lived a better life than the peasants. As measured in knowledge utilized during basic living: The lives of lords were much less complex than that of modern poor people.

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catlifeonmars 5 hours ago | parent | prev [-]

1. Some people can afford to light a lot of their money on fire and still remain rich.

2. The trick is to burn other people’s money. Which is a lot more akin to what is going on here. Then, at least in the US, if you’re too big to fail, the fed will just give you more cash effectively diminishing everyone else’s buying power.

	▲	willis936 an hour ago \| parent [-]
		In regards to 2: it's as simple as not letting it be your money being set on fire. Every fiscally responsible individual is making sure they have low exposure to the mag 7.