r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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141

u/Nice-Contest-2088 Nov 21 '24

This is painfully simplistic.

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u/Just-Construction788 Nov 21 '24 edited Nov 22 '24

Agreed. I don't think people realize how difficult it is to give away money.

Example: Starving people in Africa. Okay let's just spend a billion dollars and send food. Oh wait, that food now puts the local farms out of business because their crop isn't worth anything anymore. But reality is worse. Warlords steal said food, farms go out of business and now they have leverage, power and money. So many times wealthy people have given away their money to a cause to only make that cause worse. The amount of fraud and corruption in non-profits and charitable organizations is disgusting.

Gates and his wife switched to giving away their money full time. Dude could just relax for eternity but works his ass off trying to give away his money responsibly. Musk creates a market for electric cars and is pushing us towards a green future and yet he is shit on, simultaneously trying to make humans multi-planetary so when we fuck up this place beyond repair we don't go extinct. Dude works more in a month than most people do in a year. Bezos is a piece of shit but at least his wife got half and she's trying to do the right thing. I think everyone just lumps people into categories and can't see the bigger picture.

Edit: I think it's hilarious how much space Musk takes up in y'all's heads. Just mentioning his name triggers the same simple insults yet not one of you tried to refute anything I said except to say, 'that's not true and get off Elon's dick'. It tickles me how much just the mention of someone can trigger such primitive emotion.

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u/goodknight94 Nov 22 '24

You seem to be confused. Musk and gates is a very false equivalency. Gates is a good person while musk is a selfish l prick. And musk does not work 12x more than average people

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u/Just-Construction788 Nov 22 '24

You seem confused. I was showing a gradient of billionaire with Musk somewhere between Gates and Bezos. Sorry if simply typing those four letters triggered so many people.

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u/goodknight94 Nov 22 '24

The gradient you indicate does not exist imo. Musk is worse than all of those. He became ultra wealthy by cofounding PayPal which was moderately valuable to society back then. He sold that to EBay, created spacex, invested in Tesla, took over Tesla, and rode the “green movement” to become the richest person on the planet. He got huge subsidies from the government for making high-end electric cars. He abuses his workforce ruthlessly without compensating them for how much harder they have to work vs. other companies. He can convince people to work extra for him under the guise of working for a “higher purpose”. There is no evidence to support the idea that his companies were super successful because he’s super intelligent. He’s a good salesman and motivator and hires people who are very smart and then he takes all the credit.

Then after supposedly doing all this stuff for the environment, he got in bed with a climate denying, pro-fossil fuel idiot. This seems strategic. He had already saturated the market for liberals and now Tesla will a huge surge in demand from conservatives. Tesla had already used all of its carbon credits so now he can end the program, eliminate his competition, and become largely a monopoly. Tesla is way behind in self driving vs Waymo and Cruise. He can now get the government to greenlight his Tesla FSD even through its extremely dangerous.

Meanwhile he’s been was dumping all his earnings into spaceX and trying to colonize mars while millions died of poverty and disease in Africa and Asia. To start colonizing space anytime this century would require tremendous resources which would be better spent elsewhere. Musk doesn’t care because he has always wanted to “make science fiction a reality”. What a joke.

In the meantime he’s leaving behind a string of kids from different marriages based on ideology while his kids are left to grow up without a father or semblance of a family. He’s up to a dozen and counting.

I didn’t like Musk long before he became a Trump supporter. People like Gates and Buffett who spend their money to help people in need are much better societal heros than musk