Saw a Jordan Peterson video where he posits that any economy based on chance based trades will always generate an ultra-rich 1%.

So wrote this quick simulation to test the idea out.  

All trader start with money and then do a coin toss 50/50 trade bet with another trader the winner gets money from the loser.

It's amazing to see how quickly this simple simulation moves towards a 1% with all the money.

What is interesting is what happens when you toggle UBI and TAX...


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