Is the US a "classless" society?

[lsbskins1]

That Isbskins IMO is one of your better posts. The thought put forth in your answer leaves little debate except for that “little” ….and can be summed up with your comment of “It hurts him and everyone else”.

I agree, “It does hurt him” and that’s why the farmer won’t charge too much for very long or he won’t be in business, or 'trade' a major player in economics. You and others will buy elsewhere or 'free market' another player in the game of economics.

Redistribution of wealth in my opinion occurs all the time, unlike your thought of “after a while, the machine of the economy stops. Because the greedy farmer is never going to buy his share and my share and my bosses share and the car manufactures share of the healthy economy. He is hoarding and it is BAD”.

Seriously, how long do you think this greed and “amassing all the cookies” so to speak would last Isbskins before it became moot?

This isn’t about stuffing money in a mattress.

It is the real difference between progressive policy and conservative policy on economic matters. You think the "market" will fix it. I think history shows that an ineffectively regulated market always results in hoarding, monopolistic behavior from the greedy few with blinders on. If you effectively regulate, you don't have to wait for starvation and misery and tragedy to force the hand of those greedy, stupid few.

[minorwork]

If only you'd used other than the farmer as an example. He doesn't have squat to say what he gets for crops, or milk, or livestock. The farmer buys fuel retail and sells his product wholesale at market price. He tries to control the timing, but his banker says when payment is due on his loans and then any crop available is sold at market price. If he's enough money to afford margin calls he can sell maybe 40% of his crop, more would be risky, on the futures market. Last year that 40% of his crop sold in the spring turned out to be near to 70% of his crop in the fall. The hot nights killed corn production.

Farmers can't hoard. They can't afford the luxury.