u/Competitive-Expert59

https://www.backerkit.com/c/projects/tabletop-nonsenseverse/the-blacksmith-s-guild-issue-7

We have successfully completed one year of issues for The Blacksmith's Guild. It's time to take some bigger swings. With issue #7, we start an adventure path. Each issue from seven to twelve will have a chapter of the adventure that covers all of echelon 2.

YOU CAN CHECK OUT OUR PREVIOUS ISSUES HERE.

Now, we need your help to spread the word about The Blacksmith's Guild magazine. We want to keep improving our products and pay our contributors as much as we can. Which means the magazine needs growth. So help us spread awareness and we promise to keep making products that get better and better.

https://preview.redd.it/6w3j5yziasyg1.jpg?width=4800&format=pjpg&auto=webp&s=367c0eeefb3000b64afa05b65f824dd47aadb3d7

Articles in Issue #7

• War Dogs in the Woods (a quest for 1st-level heroes)
• Perks! (30+ new sparks for heroes)
• Legion's Fall (an adventure for 2nd-level heroes)
• Help the Innkeepers (a collection of encounters to help your friendly neighborhood innkeepers - comes with new treasure)
• The Need of Many (the beginning of The Glass Spark adventure path; a lone memonek crashes with her spaceship in Vasloria and the heroes are swept up in a Timescape spanning adventure)

Hello everyone,

I know basically nothing about economics, but I am starting to learn. The state of the world and having some free time triggered this learning.

One of the most common and accepted sentiments is that the rich will get richer and the poor will get poorer. This is then followed by "tax the rich". Which is then followed by convoluted discussions on capital gains taxes vs wealth taxes. Honestly I haven't learned enough to understand that last bit yet.

One of the things that I recently learned and it doesn't seem talked about enough is the borrowing money against assets to buy more assets. To me it seems that this is what all rich people do. And this is where it doesn't make sense anymore.

If I have $1bn worth of shares in a company, I am not taxed on it until I sell them. This makes sense. However, I can borrow $100mil against those shares and buy another company. And it is easy for me to pay the loan back through the dividends and all.

If my understanding is right, won't we significantly reduce the wealth gap problem by stopping this? If you don't pay taxes on the $1bn shares, then those shares cannot be used as collateral when taking out loans.

I MEAN OBVIOUSLY I AM WRONG. I haven't solved an age old problem after two months of economics learning. But tell me why and how I am wrong.

Thank you.