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Topic	Do you think billionaires should exist?
Ultima Dragon 11/16/19 11:45:46 AM #79:	Damn_Underscore posted... If you somehow liquefied the assets of all the billionaires in the US and took all their money, you would get about $2.5 trillion. That is a lot but it wouldn't even pay for the federal budget for one year. Source (I used the averages for the ones that aren't specific): https://en.wikipedia.org/wiki/List_of_Americans_by_net_worth https://www.reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722 Anyway, the main issue isn't simply having more money and more buying power (you jelly bro?) Excessive wealth enables you to be above the law, and in many instances to influence or shape the laws themselves. It enables you to squash further competition and innovation, and a number of other things that are detrimental to society and humanity as a whole. Rich people aren't your friends, lol. I'd even argue that only a psychopath would desire more wealth than they could ever possibly hope to use in several lifetimes. The rest of us would be satisfied just having enough for our families to live and retire comfortably. --- "We know things can move faster than the speed of light because liberal tears are on the ground before something offensive even happens" - Coffeebeanz <cite>Ultima Dragon posted [p:930219700] in Do you thi... [t:78165549]...</cite> <quote>Damn_Underscore posted...</cite> <quote>If you somehow liquefied the assets of all the billionaires in the US and took all their money, you would get about $2.5 trillion. That is a lot but it wouldn't even pay for the federal budget for one year. Source (I used the averages for the ones that aren't specific): https://en.wikipedia.org/wiki/List_of_Americans_by_net_worth</quote> https://www.reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722 Anyway, the main issue isn't simply having more money and more buying power (you jelly bro?) Excessive wealth enables you to be above the law, and in many instances to influence or shape the laws themselves. It enables you to squash further competition and innovation, and a number of other things that are detrimental to society and humanity as a whole. Rich people aren't your friends, lol. I'd even argue that only a psychopath would desire more wealth than they could ever possibly hope to use in several lifetimes. The rest of us would be satisfied just having enough for our families to live and retire comfortably. --- "We know things can move faster than the speed of light because liberal tears are on the ground before something offensive even happens" - Coffeebeanz</quote> ... Copied to Clipboard!
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