Clinttoris

@Clinttoris@lemmy.zip

• ⁨Comment⁩ on ⁨Fellow Bootstraps Buddy 👋⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  So if I start a business, save up 20mil, sell the business for 40mil, invest all my money, my investments do incredibly well and become worth over a billion, I’m evil?

• ⁨Comment⁩ on ⁨Fellow Bootstraps Buddy 👋⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Not exactly though. Most billionaires don’t have billions liquid. It’s from them making millions in business and then investing in stocks, ETFs, and buying existing businesses. Is Mr. Wonderful evil? Few billionaires just make money off the backs of middle class workers directly. In China where they pay workers like $5 a week and they can’t leave…that is evil In the USA it’s mostly from portfolio growth and they then borrow against what their portfolio is worth for tax free cash.

• ⁨Comment⁩ on ⁨Fellow Bootstraps Buddy 👋⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  Are billionaires inherently malevolent in your mind?