Oh I’m not arguing against the absurdity of someone having a networth in the billions, I’m just trying to add clarity that it’s the financial industry and tax laws that allow it to happen.
As opposed to just grunting
“BILLIONAIRES BAAAAAAAAD!!!”
As opposed to just grunting "BILLIONAIRES BAAAAAAAAD!!!
But it’s true.
Being a billionaire automatically makes you a bad person. A good person would realize that they are neither entitled to have a billion dollars nor need it nor earned it. A good person would use that wealth to give back.
Your initial argument of land increasing in value is wrong in my opinion. Buying cheap land, seeing it increase in value and then selling it is either inside knowledge or pure luck. Plus you need the financial options to even start buying the cheap land.
Money makes money, so rich people get more rich, just because they are rich. This works because humans exploit natural resources which are becoming more and more limited and give those resources a price, meaning those price will increase forever. Therefore control of these resources makes money, but not everyone has the chance of obtaining that control, thus making the entire system unfair and once again make billionaires bad.
I could continue this rant way longer, going on about how those billionaires then cause the majority of trash, emissions and use most resources, but this comment is long enough now.
You can only become a Billionaire by exploiting people and / or resources and not giving back to those you exploited. So fuck all billionaires. All.
Being a billionaire automatically makes you a bad person. A good person would realize that they are neither entitled to have a billion dollars nor need it nor earned it. A good person would use that wealth to give back.
The guy seems to agree with you on all of that and you’re giving him shit because he’s attempting to understand the problem and offer realistic solutions instead of screaming about it like a dipshit
Money only makes money if you choose to invest in things that increase in value.
If everybody invests in lithium mines then there will be a surplus and many investors will lose money.
It’s work to collect the information to make the right choices.
Like workers don’t share with the third world miners who provided the raw materials, billionaires don’t share either. They can be taxed, though. But how much?
Should their billions be taken? Then who has the money to invest in risky opportunities? How much of their wages are workers willing to pool for those investments?
Terse messages are used not because the broader messages lack substantive justification, but rather because repetition helps them gain enough attention that more of society will feel motivated to investigate and to reflect.
If only there was a way to convert that stock into yachts… 🤔
Oh I’m not arguing against the absurdity of someone having a networth in the billions, I’m just trying to add clarity that it’s the financial industry and tax laws that allow it to happen.
As opposed to just grunting “BILLIONAIRES BAAAAAAAAD!!!”
But it’s true.
Being a billionaire automatically makes you a bad person. A good person would realize that they are neither entitled to have a billion dollars nor need it nor earned it. A good person would use that wealth to give back.
Your initial argument of land increasing in value is wrong in my opinion. Buying cheap land, seeing it increase in value and then selling it is either inside knowledge or pure luck. Plus you need the financial options to even start buying the cheap land. Money makes money, so rich people get more rich, just because they are rich. This works because humans exploit natural resources which are becoming more and more limited and give those resources a price, meaning those price will increase forever. Therefore control of these resources makes money, but not everyone has the chance of obtaining that control, thus making the entire system unfair and once again make billionaires bad.
I could continue this rant way longer, going on about how those billionaires then cause the majority of trash, emissions and use most resources, but this comment is long enough now.
You can only become a Billionaire by exploiting people and / or resources and not giving back to those you exploited. So fuck all billionaires. All.
The guy seems to agree with you on all of that and you’re giving him shit because he’s attempting to understand the problem and offer realistic solutions instead of screaming about it like a dipshit
Money only makes money if you choose to invest in things that increase in value.
If everybody invests in lithium mines then there will be a surplus and many investors will lose money.
It’s work to collect the information to make the right choices.
Like workers don’t share with the third world miners who provided the raw materials, billionaires don’t share either. They can be taxed, though. But how much?
Should their billions be taken? Then who has the money to invest in risky opportunities? How much of their wages are workers willing to pool for those investments?
You are not adding clarity.
Your understanding is misguided.
Terse messages are used not because the broader messages lack substantive justification, but rather because repetition helps them gain enough attention that more of society will feel motivated to investigate and to reflect.