What's worse is they can then give it to their children and have an infinite line of oligarchs who don't have to lift a damn finger in life but use the system to keep concentrating wealth the top. We should really eat the rich.
Yeah, and if they put it into an S&P500 fund, they're likely to earn about double that long term, which is even more depressing.
That's kind of what I am getting at; a billion US dollars is basically infinite money. With that much, you can easily get more money than most people will see in their entire lifetimes by literally doing nothing. I do not understand why they want more at that point.
The reason I want more money is so that I can buy more or better stuff than I have right now. More money translates to a tangible thing. As far as I can tell, the only motivation for a billionaire to accrue more money is just to watch a number get larger, and if that is your motivation to do something, then clearly something is wrong with your fucking head. If you're willing to screw over everyone by lobbying to lower taxes solely so you can watch a number grow, then you kind of have to be a sociopath.
vouaobrasil|9 months ago
tombert|9 months ago
That's kind of what I am getting at; a billion US dollars is basically infinite money. With that much, you can easily get more money than most people will see in their entire lifetimes by literally doing nothing. I do not understand why they want more at that point.
The reason I want more money is so that I can buy more or better stuff than I have right now. More money translates to a tangible thing. As far as I can tell, the only motivation for a billionaire to accrue more money is just to watch a number get larger, and if that is your motivation to do something, then clearly something is wrong with your fucking head. If you're willing to screw over everyone by lobbying to lower taxes solely so you can watch a number grow, then you kind of have to be a sociopath.
umbra07|9 months ago
Really? You can't think of any other reasons?