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250k isn't a lot of money to the average person
Removed by modhttps://hexbear.net/comment/3783915
Just a suggestion to come dunk on this asshole lol
Edit: Lib down!
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He's deleting everything lol
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Give me 250k if it's not that much. A tenth of that would be a life changing amount of money for me.
Would you rather get 250K or one meal with genius billionaires Musk, Bezos and Buffet? I know I'd take the meal
Same. I could strap a bomb to my chest and do some real good in the world
That would have paid off my student loans and then some left. I spent 11 years paying them, and the amount only increased. I’m lucky to have the benefit of getting public employee loan forgiveness, but if I couldn’t have paid it off, I would have either kept getting further into debt or paid back triple my loan just to have it forgiven…in another 10 years. So, yeah, 250k could have saved me money, AND kept a non-public employee me from needing to sell my soul and all my assets to the huge banks.
It's not that much but they'd rather kill the homeless than give them that.
Or spend over double criminalizing them and imprisoning them.
Seriously, like a quarter of that would be life changing for me
The Company Value Understander has LOGGED ON
Their wealth is based on the value of the company which is truly arbitrary. ... It's all made up.
The value of the stock isn't really in the cash value, but the company's tech, contracts, distribution network, and workers.
If all the employees quit tomorrow, he'd still be unfathomably wealthy from other sources, but the stock price would be quite a bit lower. I wouldn't call that "arbitrary" regardless of hundreds of acronyms you can slap on a stock chart (P/E is nearly meaningless because of accounting rules)
My thoughts of your point though - whatever the share price is it will always be too far out of reach for the employees to gain ownership of their own place of work. Whether its worth 1.5 trillion or 20 billion is a little silly to think about for any single person.
Irrational Exuberance is not the same as random nor arbitrary in the sense OP is using it. OP suggests that company values are conjured out of thin air, which both Marx and Buffet would laugh out of the room.
Bullshit, that's a lot of money even for a boater kulak or a pmc lanyard.
You're right, i should have posted there. Apologies comrade
I am significantly wealthier than the average person by basically any metric of average that would matter and 250k would be absolutely life changing for me. 25k would be absolutely life changing for me. In what universe is 250k not a significant amount of money except in the ultra wealthy capitalist hellsphere
One of the absolute worst, annoying things about wealthy people is their incessant need to deflect and be like “oh you think we’re rich??? You should see the robertsons at our country club now theyre rich! We only have one lake house, they have a lake house and a cabin in Aspen!”
Conversely, this is why they don’t understand how the impoverished life because they’re used to seeing 0.5 percenters as the really rich people and never meaningfully interact with anyone outside of the top 10%. Thus we get gems like Romney’s classic “just borrow a million from your parents to start a business” because in their realm the only people who aren’t making 1 percenter money are the kids of rich people whose careers haven’t settled yet.
Their wealth is based on the value of the company which is truly arbitary
no labor involved, just the invisible hand drawing a line going up
Median net worth of an American FAMILY is $121,760.
For under 35s, the median is $14k.
This person goes in the fucking :pit:
How much of that $14k number is indicative of collective downward mobility and how much is just the result of generational wealth taking time to propagate?
A lot of it. Boomers had literally 5 times the money when they were the age Millennials are now
Yeah no. Even in the richest countries on the planet like Monaco and Liechtenstein, that's still more than double the extremely skewed medium income.
In the US, depending on which numbers you use, that's either five or eight years income for the average household.
"Akshually Amazon no dividends so it hasn't turned a profit lol muh commies owned"
ITT bunch of nepo babies pretending they're not
just admit it cowards 250 large might be a lot to the average person but its chump change to the average hexbear
DUNK TANK POSTS GO IN THE DUNK TANK
