Someone really think the bottom 90% has $79 trillions of wealth that can be sapped to the top??!! HAHAHAHAHAHA!!! Folks, there is only $2.5 trillions of USD in circulation in the entire planet. If the bottom 90% has ALL the USD in the world, they’d still only have $2.5 trillions.
It’s money printing, asset inflation, and debt. These money did not come from the bottom, it comes from the government, the banks lending, and free market. Say, a rich dude borrows $20,000 to buy bitcoin in 2000. Bitcoin price is now $70,000. Boom, right there they just got $50k richer. Assets is how the rich got richer.
Vast-Spring3425 on
Eat the rich. 🍲🥖🍛😋🥓🍡
jthrelf on
Wealth is not finite nor a zero sum game
taddymason_01 on
*“If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”*
Lyndon B. Johnson
2Drunk2BDebonair on
I read this as “Companies with shareholders have grown $80T in 50 years”….
6 Comments
Someone really think the bottom 90% has $79 trillions of wealth that can be sapped to the top??!! HAHAHAHAHAHA!!! Folks, there is only $2.5 trillions of USD in circulation in the entire planet. If the bottom 90% has ALL the USD in the world, they’d still only have $2.5 trillions.
It’s money printing, asset inflation, and debt. These money did not come from the bottom, it comes from the government, the banks lending, and free market. Say, a rich dude borrows $20,000 to buy bitcoin in 2000. Bitcoin price is now $70,000. Boom, right there they just got $50k richer. Assets is how the rich got richer.
Eat the rich. 🍲🥖🍛😋🥓🍡
Wealth is not finite nor a zero sum game
*“If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”*
Lyndon B. Johnson
I read this as “Companies with shareholders have grown $80T in 50 years”….
And define “$30,000 raise”………
How is this 50 year trend breaking news?