For him, giving someone enough money to become a multi millionaire on the spot takes as much money relatively as handing some change to a beggar does for me. He could hand out $100,000,000 every single day (!!!) and even if he doesn’t gain wealth in any other way, it’d take him almost 22 years to run out of money. Or he could pay 400,000 people $100,000 a year to just go around and tell everyone how great he and everything he does is and the money would last 20 years.
Wealth like that is a serious threat to society, probably even the most serious threat.
The problem is he doesn’t have wealth. He has value. His VALUE is 800b his actual wealth is a fraction of a fraction of a fraction of that.
If he just started handing out 100m a day he would go broke in very short order and would cause a cascade of problems for a fuck load of honest actually hard working people that depend on him not fucking over the companies he owns by functionally imploding the company.
We stopped tying power to real money ages ago. Money can be passed around and flows to keep an economy healthy. If you actually managed to horde billions of dollars in actual useable wealth that would be more impressive and frankly likely actually better for the economy then what these fucks are doing. More then likely still not ideal.
For him, giving someone enough money to become a multi millionaire on the spot takes as much money relatively as handing some change to a beggar does for me. He could hand out $100,000,000 every single day (!!!) and even if he doesn’t gain wealth in any other way, it’d take him almost 22 years to run out of money. Or he could pay 400,000 people $100,000 a year to just go around and tell everyone how great he and everything he does is and the money would last 20 years.
Wealth like that is a serious threat to society, probably even the most serious threat.
The problem is he doesn’t have wealth. He has value. His VALUE is 800b his actual wealth is a fraction of a fraction of a fraction of that.
If he just started handing out 100m a day he would go broke in very short order and would cause a cascade of problems for a fuck load of honest actually hard working people that depend on him not fucking over the companies he owns by functionally imploding the company.
We stopped tying power to real money ages ago. Money can be passed around and flows to keep an economy healthy. If you actually managed to horde billions of dollars in actual useable wealth that would be more impressive and frankly likely actually better for the economy then what these fucks are doing. More then likely still not ideal.