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US Politics 14w
This isn’t an exaggeration. Elon Musk has more money than the bottom 50% of the country combined. That should not be okay.
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Anonymous 14w

And he still wants more

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Anonymous 14w

He has more value in assets* which is still a major issue, it’s just more helpful to discuss reform if we discuss where the money is. Rich people don’t want their money liquidated, bc then it’s not an investment and not growing. Poor people are forced to keep everything liquidated and spent straight into systems. We allow fake money to mean more and have more value than what people actually spend to support themselves and the overall economy

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Anonymous replying to -> og_beer 14w

Plus, money caught up in assets is money not flowing through the economy. Economies grow when people are confident in spending their money and keeping it flowing through the system. If you’re rich and hoarding it all, there is a very large amount of the nation’s wealth stuck frozen without much economic activity

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Anonymous replying to -> #3 14w

Precisely. And what’s more insane? This frozen money wrapped up in assets can be used to essentially barter. So they can still get things (like their nice homes and cars) without ever liquidating it, further stifling economic growth. It’s insane when you do a deep dive into it. And the worst part? It sounds like it doesn’t make any sense. Because it doesn’t. Because it’s stupid.

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