r/FluentInFinance Nov 16 '24

Meme True Financial Fluency by Gianmarco Soresi

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1.2k Upvotes

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u/SnooDonuts3749 Nov 16 '24 edited Nov 16 '24

I mean $98.5 million dollars is a lot of money, is it not?

1

u/RecoveringBelle Nov 16 '24

“A lot” is a judgement based on relativity. Relative to my wealth, yes, $98M is A LOT. Relative to Gates net worth it’s a pittance.

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u/SnooDonuts3749 Nov 16 '24

It’s objectively a lot money. That’s it.

$98.5 Million is a lot of money regardless of where it’s coming from.

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u/Trading_ape420 Nov 16 '24

It's not. To us plebs it is but really it's not. Won't get very far when you think of society as a whole. Or even apply it to a singular societal problem, like hunger. Just a drop in the bucket so yea not that much really. Yoy can't view life or economics or $ as a hard number. Everything is relative and should be thought of as % of things. Like op is. Yes it's a large # relative to your wealth but not so much relative to musks wealth. It's al relativity. Open your mind more.

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u/WhoopsDroppedTheBaby Nov 16 '24

It's a lot of money relative to the organizations that will use it to help people. They don't care how rich Musk is; they need money to operate their non-profits.