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but nor does redistributing the kings' wealth help the peasants. Bill Gates's fortune split up among everybody in the US would be about $500 a person. You can'

but nor does redistributing the kings' wealth help the peasants. Bill Gates's fortune split up among everybody in the US would be about $500 a person. You can't seriously think that would make a wit of difference in people's lives, it would disappear in a blip without lifting anybody over the poverty line, and that's even if it was spent wisely, which it wouldn't be. What the peasants need are ways they can earn money, because money comes from productivity and the peasants will quickly need more than $500 times the number of billionaires consumed by the revolution. BTW most of Bill Gates's wealth is actually tied up in productive assets that are producing things the peasants need, and providing them jobs.

Bubble_Pop_22 4y ago
> BTW most of Bill Gates's wealth is actually tied up in productive assets That's the problem. It's tied up, and it doesn't need to be. Unlike institutional investors those who are in the Forbes 400 don't need to consult shareholders or basically anybody, they are already past that point. In fact a family office is essentially just the billionaire and a couple of accountants...people resent them for not going double or nothing on moonshots. Bill Gates isn't getting any younger, so is Warren Buffet and Munger. When will they open the floodgates? The Rockefeller foundation is still standing and the founder died almost 100 years ago