Misread that, but as I already noted, the value of money would also plummet, and society would probably at least temporarily devolve into anarchy, through which you probably wouldn’t be able to hold your claim on any part of their estate. So the correction doesn’t really bear on any of the comment’s points.
If you have to add an extremely critical, tenuous assumption about the fraction of people that the buyers of this insurance believe would disappear in rapture, yeah, it does bear on your comment’s points—all of them, as far as I can see.
Even if we suppose that a much smaller fraction, let’s say 10%, disappear in the Rapture, it would still be a grand scale economic catastrophe.
Assuming we assign a negligible probability to the Rapture ever happening at all, then as I already stated, that would mean that the person setting up the insurance policy is putting in time and work, ensuring others’ peace of mind, for no compensation at all. This is the most salient of the points I raised, and any specifics of what would occur in a hypothetical Rapture event are irrelevant to it.
A person’s estate =/= only real estate
Misread that, but as I already noted, the value of money would also plummet, and society would probably at least temporarily devolve into anarchy, through which you probably wouldn’t be able to hold your claim on any part of their estate. So the correction doesn’t really bear on any of the comment’s points.
If you have to add an extremely critical, tenuous assumption about the fraction of people that the buyers of this insurance believe would disappear in rapture, yeah, it does bear on your comment’s points—all of them, as far as I can see.
Even if we suppose that a much smaller fraction, let’s say 10%, disappear in the Rapture, it would still be a grand scale economic catastrophe.
Assuming we assign a negligible probability to the Rapture ever happening at all, then as I already stated, that would mean that the person setting up the insurance policy is putting in time and work, ensuring others’ peace of mind, for no compensation at all. This is the most salient of the points I raised, and any specifics of what would occur in a hypothetical Rapture event are irrelevant to it.