Current Events > A lot of people really seem to have no idea how much a billion dollars is.

(+) Yeah! (+)

But all the time on CE I see people comparing Bernie's wealth to Trump's (a fox news favourite talking point), or licking boots for men who have enough money to start and end wars.

I will never understand people who think it's fine and normal for a human being to amass a fortune bigger than the annual GDP of several countries, or that that person got there by skimping out on avocado toast or whatever.

(And yes, I know that equity is not liquid, and wealth is not income. That's not the point to get your back up about here).

But what do I know, I'm a socialist commie from a dead empire
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We should still be hunting and gathering, the natural flow of our species has been ruined with technology.
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If you invested that money then yes you would be a billionaire in that time.
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I know that if you have millions and billions you can live like pewdiepie.
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it's a thousand million, right?
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fenderbender321 posted...

Yes, some people have more opportunities to accumulate that kind of wealth.

But considering that most major lottery winners (70%) go broke in just a few years, there is something to be said about people who can maintain their wealth and even make it grow.

Exactly. The average person has no idea what to do with a billion dollars, yet the people who have it are industrial leaders creating mass amounts of wealth for God knows how many others.

Also, have you ever noticed how the people mad at Jeff Bezos for being rich are also the ones who buy most of their products through Amazon?
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tRiCKlE dOWn
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AnimeFan462 posted...

If you invested that money then yes you would be a billionaire in that time.

That doesn't really refute the tweet's point
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pinky0926 posted...

tRiCKlE dOWn

$150,000,000,000 his peak net worth (approx)

325,000,000 people in the US (approx)

$150,000,000,000/325,000,000 = ~$461 per person.

Would the country, or the world, be a better place if Amazon disappeared, but everyone in America got $461 in their hand? What would that accomplish?
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The dude revolutionized online commerce which is why hes worth billions.

Working some bullshit cubicle job doesn't entitle you to a billion dollars.

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A million seconds is 11 days.

A billion seconds is 31 years.
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TwoDoorPunkCab posted...

it's a thousand million, right?

Yes, although in the UK it's a million million.
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deupd_u posted...

pinky0926 posted...

tRiCKlE dOWn

$150,000,000,000 his peak net worth (approx)

325,000,000 people in the US (approx)

$150,000,000,000/325,000,000 = ~$461 per person.

Would the country, or the world, be a better place if Amazon disappeared, but everyone in America got $461 in their hand? What would that accomplish?

You're under the impression that I take personal issue with Jeff Bezos and just want to spread his money around to everyone so they can buy a new games console or something.

The world would be a better place if billionaires didn't exist fundamentally, is my view. Here we are just hoping Bezos isn't totally evil. We're glad that bill Gates turned out alright.

But then what about all the other ones, who do the bad things? No person should have that level of financial power over so many people.

Reminder deupd, I am a dirty filthy commie.
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A lot of people spend too much time worrying about what other people are worth

If only they spent that much time improving themselves
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Pfft, pull yourselves up by your bootstraps, losers. I'v made like six billion just since I opened this thread because of all my hard work and dedication.

deupd_u posted...

fenderbender321 posted...

Yes, some people have more opportunities to accumulate that kind of wealth.

But considering that most major lottery winners (70%) go broke in just a few years, there is something to be said about people who can maintain their wealth and even make it grow.

Exactly. The average person has no idea what to do with a billion dollars, yet the people who have it are industrial leaders creating mass amounts of wealth for God knows how many others.

lol

Also, have you ever noticed how the people mad at Jeff Bezos for being rich are also the ones who buy most of their products through Amazon?

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I made this post in the other topic, but it is worth repeating:

Uh, this has to be one of the stupidest topics I've ever seen.

$5,000 / day * 365 days = $1,820,000

Investing that yearly sum into the enormous economic booms since 1492 would make you immeasurably richer than Jeff Bezos, especially when adjusting for inflation. No one with Bezos' wealth simply keeps their cash as cash. They invest it into things that grow in value.

Anyone making that kind of money in 1492 would've done the same and been far richer than Bezos. Learn to do some simple f***ing math.
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pls posted...

I made this post in the other topic, but it is worth repeating:

Uh, this has to be one of the stupidest topics I've ever seen.

$5,000 / day * 365 days = $1,820,000

Investing that yearly sum into the enormous economic booms since 1492 would make you immeasurably richer than Jeff Bezos, especially when adjusting for inflation. No one with Bezos' wealth simply keeps their cash as cash. They invest it into things that grow in value.

Anyone making that kind of money in 1492 would've done the same and been far richer than Bezos. Learn to do some simple f***ing math.

If you were immortal you could someday have more money than Jeff Bezos!

lmbo
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Shablagoo posted...

If you were immortal you could someday have more money than Jeff Bezos!

lmbo

Keep your pathetic ignorance confined to the other topic

https://gamefaqs.gamespot.com/boards/400-current-events/78070950#16
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pls posted...

Shablagoo posted...

If you were immortal you could someday have more money than Jeff Bezos!

lmbo

Keep your pathetic ignorance confined to the other topic

https://gamefaqs.gamespot.com/boards/400-current-events/78070950#16

ditto
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Wow those two posts just underline the mentalities behind billionaire worshippers.

Because it's not about the scale. It's not about the extravagance. It's not about the imbalance.

It's about the win. It's about sticking it to someone else.

Posting in this topic on a thought experiment to suggest how they would game an absurd situation to their advantage.

Assuming that people who want wealth more fairly distributed just want "more for me" as opposed to "more for all".

And it doesn't matter to them that they're just playing into the hands of those who would take advantage of them. Maybe they think their time is coming, who knows. Point is they bought the grift, hook like and sinker.
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@CyricZ did you have any specific or meaningful commentary anywhere in that word salad? You should be capable of recognizing a shitty argument when there is one, because acknowledging that this argument is shit doesn't mean you have to support low taxes for billionaires.

Time to level up your thought process a bit and stop being so black and white.
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John_Galt posted...

A lot of people spend too much time worrying about what other people are worth

If only they spent that much time improving themselves

Sad but true

Spooking posted...

John_Galt posted...

A lot of people spend too much time worrying about what other people are worth

If only they spent that much time improving themselves

They refuse to do so. They want free stuff and they want to steal other people's money to get it.

So you support a 100% inheritance tax then, yes?
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coh posted...

John_Galt posted...

A lot of people spend too much time worrying about what other people are worth

If only they spent that much time improving themselves

Sad but true

Damn straight. I'm where I am cause I do what makes me happy. If owning a lambo makes you happy then try to obtain one by working hard.

As for the hunting and gathering comment instead of advancing in technology...most of us would be dead since technology has given us vaccines. People are living longer than before.
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pls posted...

@CyricZ did you have any specific or meaningful commentary anywhere in that word salad? You should be capable of recognizing a shitty argument when there is one, because acknowledging that this argument is shit doesn't mean you have to support low taxes for billionaires.

Time to level up your thought process a bit and stop being so black and white.

Speaking of lack of meaningful commentary.

Remind me which of us is bad at arguing when we start counting up banned accounts.
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CyricZ posted...

pls posted...

@CyricZ did you have any specific or meaningful commentary anywhere in that word salad? You should be capable of recognizing a shitty argument when there is one, because acknowledging that this argument is shit doesn't mean you have to support low taxes for billionaires.

Time to level up your thought process a bit and stop being so black and white.

Speaking of lack of meaningful commentary.

Remind me which of us is bad at arguing when we start counting up banned accounts.

LOL at thinking quality of argument has anything to do with # of banned accounts. Come on lad.
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pls posted...

@CyricZ did you have any specific or meaningful commentary anywhere in that word salad? You should be capable of recognizing a shitty argument when there is one, because acknowledging that this argument is shit doesn't mean you have to support low taxes for billionaires.

Time to level up your thought process a bit and stop being so black and white.

ok proudclad
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brb guys going to the logic mines to grind my thought process numbers.
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Garioshi posted...

AnimeFan462 posted...

If you invested that money then yes you would be a billionaire in that time.

That doesn't really refute the tweet's point

That tweet is idiotic and just reeks of entitled millennialism.

If youre smart, youd make your wage make you more money via investments.

Thats what Bezos did .
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pls posted...

I made this post in the other topic, but it is worth repeating:

Uh, this has to be one of the stupidest topics I've ever seen.

$5,000 / day * 365 days = $1,820,000

Investing that yearly sum into the enormous economic booms since 1492 would make you immeasurably richer than Jeff Bezos, especially when adjusting for inflation. No one with Bezos' wealth simply keeps their cash as cash. They invest it into things that grow in value.

Anyone making that kind of money in 1492 would've done the same and been far richer than Bezos. Learn to do some simple f***ing math.

I'm not really sure what point you are actually trying to make here. The analogy isn't a thought exercise to consider how a person who lives for 500 years might strategically accrue wealth. It is an absurd illustration designed to point out how vast the wealth divide is.
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When you speak to someone who equates wealth with virtue, asking for such introspection isn't all that useful.
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pinky0926 posted...

pls posted...

I made this post in the other topic, but it is worth repeating:

Uh, this has to be one of the stupidest topics I've ever seen.

$5,000 / day * 365 days = $1,820,000

Investing that yearly sum into the enormous economic booms since 1492 would make you immeasurably richer than Jeff Bezos, especially when adjusting for inflation. No one with Bezos' wealth simply keeps their cash as cash. They invest it into things that grow in value.

Anyone making that kind of money in 1492 would've done the same and been far richer than Bezos. Learn to do some simple f***ing math.

I'm not really sure what point you are actually trying to make here. The analogy isn't a thought exercise to consider how a person who lives for 600 years might strategically accrue wealth. It is an absurd illustration designed to point out how vast the wealth divide is.

This whining is stupid as well.

Bezos isnt immortal, he wasnt making $5k a day from the start.

Time to think about possibilities, not ruin yourself with toxic envy.
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AnimeFan462 posted...

pinky0926 posted...

pls posted...

I made this post in the other topic, but it is worth repeating:

Uh, this has to be one of the stupidest topics I've ever seen.

$5,000 / day * 365 days = $1,820,000

Investing that yearly sum into the enormous economic booms since 1492 would make you immeasurably richer than Jeff Bezos, especially when adjusting for inflation. No one with Bezos' wealth simply keeps their cash as cash. They invest it into things that grow in value.

Anyone making that kind of money in 1492 would've done the same and been far richer than Bezos. Learn to do some simple f***ing math.

I'm not really sure what point you are actually trying to make here. The analogy isn't a thought exercise to consider how a person who lives for 600 years might strategically accrue wealth. It is an absurd illustration designed to point out how vast the wealth divide is.

This whining is stupid as well.

Bezos isnt immortal, he wasnt making $5k a day from the start.

Time to think about possibilities, not ruin yourself with toxic envy.

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pinky0926 posted...

Reminder deupd, I am a dirty filthy commie.

Then maybe you should stop that and do something meaningful, instead of wasting your 1 life being possessed by ideology you probably don't even understand or participate in.
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How much money do you need to make you pick a broom up? Complaining bout the liquor store, what you drinkin liquor for?
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Once you get above rudimentary cognitive skill, larger pay actually incentivizes poorer performance despite what you may believe:

https://www.youtube.com/watch?v=u6XAPnuFjJc" data-time="
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pinky0926 posted...

pls posted...

I made this post in the other topic, but it is worth repeating:

Uh, this has to be one of the stupidest topics I've ever seen.

$5,000 / day * 365 days = $1,820,000

Investing that yearly sum into the enormous economic booms since 1492 would make you immeasurably richer than Jeff Bezos, especially when adjusting for inflation. No one with Bezos' wealth simply keeps their cash as cash. They invest it into things that grow in value.

Anyone making that kind of money in 1492 would've done the same and been far richer than Bezos. Learn to do some simple f***ing math.

I'm not really sure what point you are actually trying to make here. The analogy isn't a thought exercise to consider how a person who lives for 500 years might strategically accrue wealth. It is an absurd illustration designed to point out how vast the wealth divide is.

Wealth isnt a zero sum game. It can be created or destroyed. If the value of Amazon stock plummets today and Bezos loses 95% of his wealth, youre life isnt going to get any better. In fact, a lot of peoples lives would get worse.
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Envy is one of the seven deadly sins

Clutch posted...

pinky0926 posted...

pls posted...

I made this post in the other topic, but it is worth repeating:

Uh, this has to be one of the stupidest topics I've ever seen.

$5,000 / day * 365 days = $1,820,000

Investing that yearly sum into the enormous economic booms since 1492 would make you immeasurably richer than Jeff Bezos, especially when adjusting for inflation. No one with Bezos' wealth simply keeps their cash as cash. They invest it into things that grow in value.

Anyone making that kind of money in 1492 would've done the same and been far richer than Bezos. Learn to do some simple f***ing math.

I'm not really sure what point you are actually trying to make here. The analogy isn't a thought exercise to consider how a person who lives for 500 years might strategically accrue wealth. It is an absurd illustration designed to point out how vast the wealth divide is.

Wealth isnt a zero sum game. It can be created or destroyed. If the value of Amazon stock plummets today and Bezos loses 95% of his wealth, youre life isnt going to get any better. In fact, a lot of peoples lives would get worse.

Post #14
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A lot of people really seem to have no idea how to deal with figurative language. Protip: the quote isn't actually meant as an advice to get rich. He's making a point about how large of a number $100b is.

Saying shit like "just go back in time, invest wisely, wait a few centuries and you'll be richer than Bezos!" isn't remotely refuting the point here.

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coh posted...

Envy is one of the seven deadly sins

Man, my jealousy is way simpler than that. I'm jealous of someone who has a couple hundred spare grand. My interests in this life are simple and easy to fulfill.

Someone who has a couple hundred billion genuinely terrifies me. That's not the kind of money that anyone needs to be jealous of unless you're the sort of person that needs to buy countries and topple governments or whatever to be happy.
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Shablagoo posted...

Once you get above rudimentary cognitive skill

I big hurdle for many I guess...
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a billion dollars is so much money theres no way any one person can spend it all unless they buy like a $900 million yacht and a $95 million house and a $4 million car and a $800k watch or something
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The average person in America is content with working at a gas station, grocery store, Home Depot, etc; while performing mediocre at best work.

Jeff Bezos created Amazon, the largest online global marketplace.

Jeff Bezos worked hard and was EXTREMELY lucky. We cant all be lucky.

Rika_Furude posted...

a billion dollars is so much money theres no way any one person can spend it all unless they buy like a $900 million yacht and a $95 million house and a $4 million car and a $800k watch or something

Well, its not money for one thing.
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