• trolololol@lemmy.world
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    16 days ago

    Say you get 300% gains on your money and consistently put 50% of your money in stocks for 50 years. It still won’t make most people rich.

    Retiring comfortably? Sure, you’ve saved 50% of your salary. But rich? Like, Elon Musk family money in the 90s when no one knew him? Nope.

    • 1984@lemmy.today
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      16 days ago

      I really think 99.99% of people would be super happy to just be rich enough to have a car, a house, and good food. We don’t need very much. People just dont want to be poor.

      • trolololol@lemmy.world
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        3 days ago

        Ironically, the solution is similar: eliminate billionaires and the wealth they are hoarding would flow back to everyone.

        • 1984@lemmy.today
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          3 days ago

          How would it end up in the hands of the people? Salary slaves paying taxes would pay less? I don’t think so. It would be taken by the state and used for weapons (in the USA).

          Or am I missing something?

          • trolololol@lemmy.world
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            2 days ago

            War is business to billionaires, one of the best. Most of the money that goes into war doesn’t make it into salaries and veteran services, it goes into suppliers. And the biggest suppliers are VERY big, and are run by VERY large corporations.

            War is yet another way of transferring money from everyday people into billionaires pockets. And it’s way more effective at doing that than Amazon.