Money only has value when it's being exchanged. Sitting on it does effectively let it rot.
2024-08-28 21:10:51
1060
Jdubs :
This post represents a really huge misconception of economics.
2024-08-28 21:57:26
16
The Video Gamester :
Also if that money instead went to the workers the workers would be more motivated to increase productivity
2024-08-28 23:07:48
274
Thomas dw :
Yuval does not understand capitalism🙏
2024-08-28 21:31:30
400
yikes :
Feels like my parents are fighting
2024-08-28 20:21:48
212
Danielle :
There is no amount of work that can earn the entire earth.
2024-08-28 22:26:13
261
EREMELL 🇪🇺 :
having more than one person can use in multiple lifetimes while having the resources to eradicate poverty in multiple countries*
2024-08-28 21:56:29
158
CaptainKerns :
If the billionaires stopped showing up to work, 99.99% of the workforce would still be there. Productivity would not feel a thing
2024-08-28 23:50:57
135
CJ :
IMO there’s a tier list of how objectively “evil” any given billionaire is. Consumer product billionaires and by extension Tech B’s like Gates are pretty low on the list right above Celebrities and athletes. Once I start seeing Pharmaceutical, Heathcare, public utitlites, education, agriculture, and real estate billionaires that’s when I get my eat the rich hat and sickle out lol.
2024-08-28 20:57:51
34
lgv :
this analogy fails, as people with this level of wealth are using it. their wealth isn't typically held in cash, it's in ownership of assets (generally productive assets like stock).
2024-08-29 03:50:32
2
Bob :
If working hard can make you a billionaire than we whould not have a lower class
2024-08-29 19:45:54
3
Orlando A Williams :
Why do these these broke mofos keep on defending billionaires? 😄
2024-08-28 21:39:38
2
Jojomir :
Yuval with another miss 🔥🔥🔥✨️
2024-09-30 09:46:23
9
VincentL :
What would be a suggestion for rewriting rules? The vast majority of these people’s wealth are tied up in the stock itself (much of which they can’t just sell on a whim).
2024-08-28 20:37:20
7
Tyler :
ok but quickthoughts isn't saying he got that much money because he worked hard, but did something no one else did, anyone can work hard, barely anyone can think of such things, it's sad, but talent
2024-08-29 03:43:37
4
Jupiter :
And money actually does rot! It literally loses value as time goes on, this is known as the Time Value of Money.
2024-08-28 23:51:52
5
Amanda Rollins :
Beautifully put
2024-08-28 20:26:16
98
ikinni321 :
Yuval back to catching W's. 🔥
2024-08-29 02:42:05
65
spicytub :
The majority of a billionaire's net worth isn't money. This argument is terrible.
2024-08-28 20:34:32
22
Mateo :
POV: Yuval has like no idea what he’s talking about
2024-08-28 21:55:28
658
Manga/Nanga :
just put the fries in the back bro
2024-08-28 21:21:31
56
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