| To be clear, it is wrongful thinking because people cannot usually grasp the vastness of billions and make their idea around their thousands as of it was the same It isn't Consider this If you had a billion today and paid 1% every year in 20 years you would pay 220 millions total In those same 20 years if you invested in a conservative way, say 4% guaranteed, which is arguably easy if you have a billion, after 20 years you would have gained 1.2 billions In other words a net positive of one billion Talking about numbers helps because the ratio is the same if you apply them to 1 thousand dollars 220 dollars spent, 1.2 thousands gained, 1 thousand net positive The only difference is that making 4% with a thousand dollars is harder than with a million times a thousand dollars Simply put you have a million 1,000 dollars chances VS Just the one Or put it another way you could spend 1k every day for a million days, which is approximately 2,740 years, it means you could spend 10k/day for 274 years or 100k/day for 27 years or a million every day for 3 years. And the compound interest would keep the initial billion grow indefinitely. It basically means you have infinite money. And you are worried that taking 1% would be detrimental for billionaires? > If you keep reaching into their pocket they will leave Biases are so boring... (you used a mix of confirmation bias and ancoring bias) We are not even reaching their pockets now, they are paying less than the poor Wake up, or you end up living worse than rich people's dogs (you probably already are right now in US) |
Yes, because again it’s not fair. I completely ignored the rest of what was above this because I’m not a child and am quite capable of understanding quite advanced math and how large a billion is. So to recap you’re saying it’s ok because they have a lot of money.
I’m actually living quite well in the US, despite coming from a very poor family with both parents getting cancer and having absolutely no money to put me through school. Instead of complaining or finding new inventive ways to take others money I taught myself skills worth a lot of money and now no longer have to worry about it.
As far as your paying less than the poor statement, let’s get some facts to back that up? Actual facts, not liberal news articles.
Also I see we’re taking the “we want more of your money” tantrum route.