Comment on It's unacceptable that people like Jeff Bezos exist.
krisevol@lemmus.org 5 days ago90% of his ner worth is in 300 p/e stocks.
The money doesn’t exist. It’s all speculation. The second you tried to cash those stocks the value would plumit 90% overnight, and nothing good would be able to be bought with the cash after that.
PolarKraken@lemmy.dbzer0.com 5 days ago
And yet, is he treated by other gigantically rich people and institutions as if this is true?
You’re arguing the pedantic point, something like “he doesn’t really have that many dollars, you said dollars!” while (I guess deliberately ignoring?) the OBVIOUS, clear way him and others like him wield influence and power.
Everyone who makes him actually powerful, by lending to him and facilitating it all, understands his net worth better than you do. Kinda de facto, by being in his spheres in the first place.
What is it you think you’re adding here?
krisevol@lemmus.org 5 days ago
That he has power you cant extract, but it doesn’t exist for you, only him