4 ms·

I think it's not good to frame wealth creation in terms of billionaires.

• rdiddly 8y ago
  Came here to say that. Compared to making everybody richer, making one guy a billionaire is easy. It costs $1 billion. Even giving each Chinese person $1 would cost more than that. Edit: Which is not to be all "America Yay!" and "China Boo!" like some high school rivalry. America's legendary wealth inequality objectively demonstrates that it, too, leans closer to "making one guy a billionaire" than it does to "giving everybody a dollar."
  • samatman 8y ago
    The median personal income in the United States is roughly 31,000 dollars. So more like giving everyone 85 dollars a day, than one.
• rayvy 8y ago
  Agreed. If you're a regular reader of Bloomberg (I am myself), then you see that they almost fetishize abnormal wealth - constantly writing articles in regards to what the "elite", the "1%", the "ultra-wealthy" think/do. As someone who previously liked Bloomberg (about as much as someone can like that type of thing), the constant obsession with wealth is definitely a turn off.
  • JDiculous 8y ago
    Bloomberg used to be my go-to news source, but I stopped checking it after they shifted to clickbait spam articles devoid of substance and I realized my time was being wasted.