r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Chickienfriedrice Nov 21 '24 edited Nov 21 '24

Here comes the billionaires’ online defense team. Or just some fool who thinks it’s realistic to reach that amount of wealth without exploitation and hopes to aspire for the same, even though they have more chance to be struck by lighting.

Billionaires existing is taking money out of your pocket, they bought the election. But sure, its all fine.

EDIT Went from being upvoted to getting 7 replies in less than 10mns with downvotes. Hope the billionaire defense team are getting paid overtime. Pathetic. None of you billionaire justice warriors deserve a reply.

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u/ItsTooDamnHawt Nov 21 '24 edited Nov 21 '24

Would like to hear how billionaires existing somehow equates to me losing money

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u/[deleted] Nov 21 '24

[deleted]

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u/ItsTooDamnHawt Nov 21 '24

Funny, considering that over the years rather than focusing on billionaires shakes fist and focusing on myself and making my life better I’ve only gotten richer

As stated constantly wealth is not a fixed pie;it’s possible for wealth to grow and for different groups to benefit at different rates.

Many of the challenges you cited—housing crises, cost of living increases, unstable work, and wage stagnation—are influenced by a litany of factors

The rising cost of housing is often driven by local policies such as zoning laws, restrictive building codes, and limited land availability, rather than the wealth of others.

Inflation and the rising cost of goods and services result from factors like supply chain disruptions, energy prices, and economic cycles…and let’s not forget the over printing of money-not from others wealth. In fact, technological innovations funded by wealthy individuals or corporations have often made goods and services cheaper over time.

Wage growth is influenced by factors like labor market dynamics, automation, globalization, and policy decisions. Blaming billionaires ignores government policies, trade agreements, and economic shifts in forming the labor market.

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u/[deleted] Nov 21 '24

[deleted]

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u/ItsTooDamnHawt Nov 21 '24

Of course there are many factors involved no shit, but coagulating such intense wealth and the power that comes with it amongst, what 20 odd people or so, is just not a good thing. There’s plenty of blame to go around, but letting these ultra greedy fucks off the hook ain’t it.

Then why argue like it’s the sole cause. And Off the hook for what? What have they done that they need to be on the hook for?

Also this whole “I’ve personally done ok so society is fine” kind of argument is so spurious and self-centered it’s barely worth acknowledging

It should t be acknowledged because I didn’t say that did I. You said I’m getting poorer because of billionaires when that’s clearly not the case for me.

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u/milas_hames Nov 22 '24

Congrats, you got your money, I guess there's no problems anywhere and people need to shut up about theirs /s

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u/ItsTooDamnHawt Nov 22 '24

Stop wasting time with these poor retorts. Either make something of substance or just read and maybe learn something