Yes, the billionaires are getting more and more rich not because they steal from the poor, but because they can just poop money out of their ass whenever they want to.
Definitely nothing has changed since the 80s.
Poor people just need to learn how to poop money too.
Poor people just need to learn how to poop money too.
The problem is compound growth favors incumbent wealth. The relative gap will always grow even if everyone is investing in the same etfs.
This drives inflation which disproportionately affects the poor, as we have massive amount of capital gains chasing production of goods that haven’t followed the same compound growth (we see this manifest in stats like almost half of consumption is driven by top 10%).
It’s gonna get to the point where you can try to do everything right as even upper middle class, and still not afford staple goods. At that point, heads WILL roll. But the rich are trying their best to employ contingencies like AI/drones to secure their greed.
I never said billionaires aren’t robbing the rest, especially in the US. My point is you can do things yourself to not dig the hole deeper. And vote for a higher taxes to the rich, wealth tax and a bunch of others. You can walk and chew gum, can you?
![Do it for them [@themokumentary]](https://lemmy.world/pictrs/image/731a2f08-e61b-440b-b029-d0e62ae45681.jpeg){kind=link}
Yes, the billionaires are getting more and more rich not because they steal from the poor, but because they can just poop money out of their ass whenever they want to.
Definitely nothing has changed since the 80s.
Poor people just need to learn how to poop money too.
The problem is compound growth favors incumbent wealth. The relative gap will always grow even if everyone is investing in the same etfs.
This drives inflation which disproportionately affects the poor, as we have massive amount of capital gains chasing production of goods that haven’t followed the same compound growth (we see this manifest in stats like almost half of consumption is driven by top 10%).
It’s gonna get to the point where you can try to do everything right as even upper middle class, and still not afford staple goods. At that point, heads WILL roll. But the rich are trying their best to employ contingencies like AI/drones to secure their greed.
I never said billionaires aren’t robbing the rest, especially in the US. My point is you can do things yourself to not dig the hole deeper. And vote for a higher taxes to the rich, wealth tax and a bunch of others. You can walk and chew gum, can you?
LMAO 🤣🤣🤣 How do you think we got to this point, my sweet summer child?
Because everyone was voting to become poorer and tax the rich less?
Oh my god, how genius you are! How the fuck did we not think of VOTING for a better life…
Yes, unironically, emphatically, yes. Project 2025 was less than 2 years ago, already forgot about that?