Kremerman did the exercise. Here goes — Chile’s 0.1 percent decide:
The interest rate you end up paying with a bank for consumer credit.
The excessive charges on electricity, water, telephone or gas bills.
The supermarket account you pay each month.
The return of your pension fund (during the first half of August 2011 the Pension Funds had lost more than $8,000 billion pesos, or $15.4 billion, equivalent to more than 6 percent of the total funds).
The value of your private health care insurance plan.
The credit card interest charged by retail stores when you have to buy clothes or any appliance.
The harsh conditions for small businesses that operate as a supplier, contractor or part of the business chain of large companies (sometimes waiting 120 days or more to receive pay).
Bus fare and plane ticket costs.
The percentage of fish available for artisanal fishermen.
The shows and news you see and hear on TV and most radio stations.
The editorial line of the biggest media companies.
The fee you pay in a private school or university.
The players that are hired by your favorite soccer team.
And, of course, the possibility of not having universal quality public education and health because they don’t want to pay more taxes (one Warren Buffett idea they failed to like).
