you are viewing a single comment's thread
view the rest of the comments
[–] 41 points 7 months ago (10 children)

Yeah, the "elite" aren't actually smart enough to figure that out. Elite is kind of an oxymoron.

  • source
  • hideshow 10 child comments
  • [–] 8 points 7 months ago (7 children)

    That's why they need to horde that much money.

  • source
  • parent
  • hideshow 7 child comments
  • [–] -3 points 7 months ago (6 children)

    Nobody gets rich or stays rich by hoarding money. That's not what being wealthy means.

  • source
  • parent
  • hideshow 6 child comments
  • [–] 3 points 7 months ago (5 children)

    Please explain. You mean they invest and are actually very smart and earned their wealth by working hard?

  • source
  • parent
  • hideshow 5 child comments
  • [–] 3 points 7 months ago (4 children)

    Rich people don't hoard cash. They have assets that are valuable. A billionaire doesn't have a billion dollars on their bank account. Hell, they probably don't even have a million in there. All that wealth is tied to investments that either increases in value or for the very least holds it.

    Making money is incredibly easy if you have a lot of money to begin with. Going from zero to million is hard. Going from million to a hundred million, not so much.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 4 points 7 months ago (3 children)

    It's hoarding none the less. I assume the previous commenter didn't mean literally cash, neither did I. So yes you're right.

  • source
  • parent
  • hideshow 3 child comments
  • [–] 0 points 7 months ago (2 children)

    Is Elon hoarding money because he owns multiple succesfull companies?

    I don't think so. Hoarding means sitting on a pile of something that you don't use/need.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 1 point 7 months ago (1 child)
  • [–] 1 point 7 months ago* (last edited 7 months ago)

    ..so you can't just look at a person's wealth and say "nobody should be that rich" or that they're "hoarding money" when the wealth you're criticizing could not even be money to begin with but a company called SpaceX or Tesla that's valued in the billions.

    Wealth is not synonymous with money in the bank. You could be incredibly wealthy because you own a rare painting, but having that painting on your wall doesn't pay your bills.

  • source
  • parent
  • [–] 15 points 7 months ago

    No one asked you to use that word to describe them, why are you perpetuating it?

    They're not elite, they're just rich fuckers who attained massive riches by exploiting the workers' need for survival.

  • source
  • parent