4 ms·
My favourite one so far: > No one ever makes a billion dollars. > You TAKE a billion dollars. Quite relevant to the vulture capitalists and their fans who fr
by anticapital 4y ago
My favourite one so far:
> No one ever makes a billion dollars.
> You TAKE a billion dollars.
Quite relevant to the vulture capitalists and their fans who frequent this site.
- tern 4y agoThis only makes sense from a naively individualist perspective. If no one ever made a billion dollars, so to speak, there would be no money at all.
- samb1729 4y ago> If no one ever made a billion dollars, so to speak, there would be no money at all. Could you please elaborate?
- afiori 4y agoThe amount of money/value/richness in the world is not constant. Suppose we all lived on an island in a completely stable economy valued somehow at 1 trillion dollars. Then imagine that a dozen or so explorers went to another island and started a completely independent economy that (after some centuries) gets also valued at 1 trillion dollars. The latter billion dollar was created at the meager cost of a boat and the life work of some people. This is a horrible analogy for anything that ever happened, but it is something that could possibly happen.
- mnsc 4y agoIt also makes sense from a marxist perspective. How billionaires/capitalists take the surplus value from manual labour and all that untrendy stuff.
- hutzlibu 4y agoMoney just gets arbitarily created by banks. It is easy to "make money". Maintaining a stable, accepted currency however, is quite hard and so is providing enough value for others, that they give you a billion dollars of a stable, accepted currency ...
- bccdee 4y agoYou're assuming that the statement vacuously means "money is never made," which is not what it's getting at. The point is that nobody has ever become a billionaire without manipulating markets, exploiting employees, misleading investors, or otherwise abusing the fabric of society to squeeze wealth out of the rest of the world. The guy who invents the thing isn't the one who gets rich. It's his employer who profits off of it. It's not hard to make money, but it's impossible to make a billion dollars. You can only get that much by taking it.
- amelius 4y agoNot sure what is special about billion dollars in your statement. If no one ever made 10^100 dollars, there would be no money at all. So ... there is no money?
- lzazz 4y agoYou mean people give it to you? You can't get away with taking one billion dollars from others without their permission unless you are the government ;)
- HeckFeck 4y agoAnd the government has been making it easier to hit $1bn thanks to inflation.
- dylan604 4y agoThe easiest way to make a million dollars is to start with two.
- vt85 4y ago[dead]