InterestingUsername[serious]
thisbenzingringkill a couple billionares and give their wealth to the poor people and they wont be poor anymore and it a lot less killing…
2 or 3 instead of millions, I think that math works out pretty well
FreshParsnipWhy can’t we, as a society, just take Musk’s money and redistribute it? It is absolutely stupid that we allow someone to have more money than he can use while so many people can’t afford to live
Wispy2891Most of those trillions are unrealized gains based on completely unrealistic valuation in “trust me bro” style
Like Tesla being worth more than all the western car manufacturers combined or xai being “worth” billions even if it’s losing billions every year.
The second he dumps those stocks, the house of cards would crash almost immediately
I swear people think billionaires have a giant vault of money like Scrooge McDuck. I have had to explain this to people so many times. His wealth is almost entered imaginary and based on the speculative possible future profits of his companies. If he ever tried to convert it into cash the value would go to zero.
His wealth isn’t imaginary when he uses it as collateral to borrow actual money, though.
That’s the weird part, when billionaires use their money, it’s real.
But when you discuss taking it away or taxing it, it’s suddenly just an imagination.
That’s the weird part, when billionaires use their money, it’s real.
But when you discuss taking it away or taxing it, it’s suddenly just an imagination.