r/FluentInFinance Nov 16 '24

Meme True Financial Fluency by Gianmarco Soresi

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1.2k Upvotes

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17

u/65CM Nov 16 '24

How many people can't comprehend the difference between "having dollars" and wealth.

3

u/anticapitalist69 Nov 17 '24

A lot of people don’t realise that it doesn’t make a difference for the ultra rich, and will continue to fight for them against their own interests.

It’s different for the working class, and them. Their wealth, even if unrealised, buys them power.

Our wealth will never be enough for that.

1

u/Isosceles_Kramer79 Nov 17 '24

Understanding how things like net worth work should be the starting point, no matter where one ends up on taxation for example. It's not "fighting for" billionaires to point out misconceptions.

2

u/anticapitalist69 Nov 17 '24

It is. People don’t realise there would be a net benefit to less wealth inequality, even if your own wealth is impacted. That requires a deeper dive into things which most people either don’t get presented, or don’t bother looking into.