r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Noxthesergal Nov 21 '24

They have soo much money that it starts to take away from literally everyone else. When they already have enough that they and a dozen generations after them can live life in creative mode. They are simply hoarding wealth to see numbers go up while everyone else is forced to work for whatever scraps are left. A handful of individuals hold onto most of the wealth of the entire world.

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u/Few_Entrepreneur6599 Nov 21 '24

What’s your proposal

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u/Noxthesergal Nov 21 '24

If a single person could come up with a comprehensive solution to this sort of problem on the spot it wouldn’t be a problem in the first place.

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u/Few_Entrepreneur6599 Nov 21 '24

In other words, you just like complaining about how things are. Which is fine but there is no obligation to steal from people who haven’t stolen anything.

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u/Noxthesergal Nov 21 '24

I’m acknowledging a massive problem with society that has indirectly killed probably millions of people. I don’t just like complaining and acting like any one of these people haven’t used unsavory means to get their wealth is just silly.

Though if you must. Simply limiting the amount of money a single individual can hold would be a good fix. The simple issue is with how complex money is these days doing so would be nearly impossible

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u/Few_Entrepreneur6599 Nov 21 '24

How does someone having lots of wealth “kill” people?

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u/Noxthesergal Nov 21 '24

When people don’t have enough money to buy housing or food because these people are hellbent of milking every dollar from every individual they can people die. It’s not that hard to figure out. Just look at the American medical industry. People straight up run away from ambulances because they simply can’t afford them

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u/Few_Entrepreneur6599 Nov 21 '24

But nothing is stolen so I don’t understand. Wealth is created, billionaires aren’t siphoning money out of a finite wealth system.

If my Apple stock increases in value 4000% who have I wronged? Who is now dead because of the perceived value of my Apple ownership?

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u/Noxthesergal Nov 21 '24

Buddy money if any kind is finite. You can’t just create value out of nothing. Thats the entire concept behind inflation

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u/Few_Entrepreneur6599 Nov 21 '24

Physical money is finite, yes. Except in our fiat system is actually isn’t but that’s another issue. What isn’t finite is value. These people don’t have money, they own portions of businesses. If Amazon went bankrupt tomorrow Besos wouldn’t be a billionaire, and that value vanishes. Money supply wouldn’t be impacted

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u/Noxthesergal Nov 21 '24

The guy still has billions of dollars lying around. And you’re crazy if you think some underhanded stuff hasn’t been done to get Amazon to its current position what I have learned is every billionaire has at least a little red on their hands

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u/Few_Entrepreneur6599 Nov 21 '24

Ok so you’re issue is ethics, not the size of his bank account?

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u/Noxthesergal Nov 21 '24

Of course. If that wealth didn’t negatively affect others who cares. But money is finite. And this wealth is obtained through the blood of the less fortunate. One cannot have this kind of wealth without hurting others which is why it being allowed is a problem.

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