• thefunkycomitatus [he/him,they/them]
    ·
    edit-2
    4 years ago
    1. If his company is worth $100B then who cares if he's only liquid at $20B? It's still unfathomably wealthy. Go as reasonably low as you want. So he can only get $10B for his shares? Wow that sure means he isn't rich! This person knows we're not toddlers right?

    2. When you have a company worth $100B you can take lines of credit that are pretty much unlimited. I would bet that any billionaire worth their salt doesn't actually spend their money, but they put it on credit for as long as they can. Then they try to get rid of the debt through various tax schemes or what have you. Look at Trump. The guy has lived off credit for decades while blowing his actual cash on hand. He's been given hundreds of millions over and over and over, even when he did dumb business shit. So, again, who gives a fuck about liquidity?

    3. Bezos just sold $3B of his own stock. Did Amazon stock drop? It's going to keep going up. Is $3B not a lot of money? See: #1 Bezos does this every year.

    4. It's not like owning a house. It's not like having a home bank account. The range of freedom and options open to billionaires is completely unimaginable to some dork who sucks off billionaires. Can you do yearly sell-offs of your house? Can you push congress to make decisions that increase the value of your house? Is your house's value dependent on your ability to screw over anyone trying to make a basic living? Okay then fuck off with the dumb analogy.

    • invalidusernamelol [he/him]
      ·
      4 years ago

      The one place where a Marxist worldview becomes less intuitive is on an incredibly personal level. That's why all the propaganda focuses on drawing comparisons between society and your immediate family. Those comparisons are totally invalid as the micro exists within the reality of these billionaires trading city incomes worth of stock on a daily basis.