[Workaccount2]

I face palm through the back of my skull when people think billionaires have billions of dollars. Virtually none of them do.

[palata]

I talk about the ultra-rich as "they have waaaaay too much money". I do understand that this is not exactly big purse with a lot of cash that they carry everywhere with them. Still, it's way too much.

[Workaccount2]

They have tons of assets and not much money. That's part of why the problem is so intractable.

People put limits on what they should be able to own, but if we extend that idea globally (i.e. don't discriminate based on simply where you were born), then most of us in the first world would also be liable to give up our TVs, cars, latops, houses etc. And then suddenly seizing assets is bad...

The problem is not simple or straightforward. It's mostly people who want more complaining about those who also want more.

[palata]

> The problem is not simple or straightforward

Nobody says it's simple or straightforward. I personally just admitted that there is an amount of wealth that is too much.

You sound like you're telling me that because it's a hard problem to solve, I should just shut up.