When we see money as a thing with value, we often mistakenly imagine it in absolute terms, as if value resided within it like a substance. In this view, a person with a billion dollars is like Pooh Bear with a giant pot of honey.

It would follow that if everyone was a billionaire, we’d all be like Pooh Bears with giant pots of honey.

Thinking of money like this is a mistake. In fact, if everyone in the world was a billionaire we’d all have nothing. In this piece I’ll explain why.

BooksAndArticles

**We'd all have nothing**

![](https://m.stacker.news/50882)

> When we see money as a thing with value, we often mistakenly imagine it in absolute terms, as if value resided within it like a substance. In this view, a person with a billion dollars is like Pooh Bear with a giant pot of honey.
> 
> It would follow that if everyone was a billionaire, we’d all be like Pooh Bears with giant pots of honey.
>
> Thinking of money like this is a mistake. In fact, if everyone in the world was a billionaire we’d all have nothing. In this piece I’ll explain why.
>
> - The foundations of value
> - Starting on zero
> - Power differentials, and market economies
> - Resetting the zero line
>
> **[...read more at asomo.co](https://www.asomo.co/p/if-everyone-was-a-billionaire)**