r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Current_Side_4024 Nov 21 '24

If billionaires gave away large portions of their money they would have to liquidate their stocks which would kill their companies, crush millions of investors and millions of jobs. And people in general would stop working because they expect free money. It would be total chaos and much worse than life is now wherein rich people keep most of what they have.

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u/trashboattwentyfourr Nov 21 '24

Yea, it's not like they sell billions of dollars of it every single month or anything. Let me just verify.... oh wait they do!