Your right, so how would getting rid of billionaire change anything? They don’t have money, they have stocks and assets
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I can hold 2000 C silica thermal plates in my bare hands.
It wouldn’t make anything cheaper. We owe more on national debt that all our billionaire could even come close to playing, and that is if China have us market value for the after we would need to sell from the billionaire to extract the value.
krisevol@lemmus.orgto
Lemmy Shitpost@lemmy.world•When I ask the hospital how much the operation costs and they start saying words like "deductible" and "co-pay" and "out-of-network":English
8·18 hours agoI went to lens crafters and saw a frame that i liked. I asked her how much they were. She asked me what my insurance was. I told her for that matter? I just want to know the price. She says she couldn’t give be the prices until she knew my insurance. After a few minutes going back and forth she told me.
The glasses as $800 if you have insurance, but with copay they are about 150-200 out of pocket.
She told me if i paid cash they are $200.
The same thing happens in the medical field.
krisevol@lemmus.orgto
Lemmy Shitpost@lemmy.world•POV:You are about to pull your car in a middle of a busy road picking up a friend instead of looking for a normal parking spot:English
1·18 hours agoIf most Americans are obese, isn’t this technically correct because you use your hazard when delivering large loads.
krisevol@lemmus.orgto
Lemmy Shitpost@lemmy.world•Memories of defragging your computerEnglish
34·18 hours agoWe’ll we didn’t use harddrives anymore except for storage, so it not really irony. You still need to defrag harddrives today.
That exactly what would happen. I agree.
This isn’t what was happening. Supply was 10k, and demand was 10k. They gave out money to people, and supply stayed 10k. Of course prices increases under these conditions.
And we are surprised? That exactly how the market works.
The ones that get them would. But those numbers would be nothing in the big picture.
But it’s they pay in stocks, then the government still needs to offload them to gain cash for the programs. It would still pop the bubble, and best case it’s our 401ks paying the tax.
But we know all these stocks are overvalued anyways, what happens when they come back down? So we refund them the stocks? And I’m that car we definitely paid the tax.
But for your first question, yes billionaires like elon do have problems getting cash at this level. He has to sell shares to pay 10 million in taxes, and he has to borrow the whole amount to buy Twitter. This is backed by 350 p/e Tesla stocks. If the stocks came down to 30 like most car companies he would be bankrupt because he owes 50 billion, and he would lose 90% wealth overnight with those evaluations. The money doesn’t really exist, and it’s we try to realize it, the whole bubble pops.
Just going off history
You do realize “take a massive hit while off-loading” is exactly what would happen. The money didn’t exist, and realizing it will basically pop the bubble. Nothing is value would be extracted for the average person, and the end result is everyone loses there 401k and pension during the collapse.
And nothing if value will be extracted from them to help you. Just remember that after the war.
It’s supply and demand, if your raise the demand of course the products cost more. What did they expect?
Where would the money come from to tax the wealth? Are the billionaires going to have to offload assets? Then who is buying them?
I know, but i don’t want the caffeine.
The average American has less than $400 bucks. I do consider myself lucky.
krisevol@lemmus.orgto
Political Memes@lemmy.world•Mamdanistan is showing the way forwardEnglish
22·3 days agoRight, no one deserves to retire. We can’t afford it


The average America spends 500k in interest in their lifetime.
Invested that’s their retirement.