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I'm going to use just 'back of napkin' numbers to make the outcomes easier to compare and for each I'll round in ways that I assume (but might be wrong about) b
by mjevans 10y ago
I'm going to use just 'back of napkin' numbers to make the outcomes easier to compare and for each I'll round in ways that I assume (but might be wrong about) being more fair.
800,000,000 : Top investment firm guy
200,000,000 : Some random high investment firm guy?
___,_50,000 : Lets call this 'middle class' in a small town
___,_20,000 : Hourly worker: $10 / hour * 40 hours * 50 weeks
Is it really possible for any person to be worth 10000 or more times some random other person? That disparity is ludicrous and in my opinion practically slavery.
- throwaway76543 10y agoHow many $10 hour workers without a financial education do you need to hire to effectively handle investments?