Is he right Yas Forums???? Why or why not?

why is the cut of point of "bad hoarding" billions of dollars and who set it at this?if that guy is really a socialist, he should have just enough money saved to get him to his next paycheck/government handout. anything more is him hoarding capital.
wealth isn't really real in a lot of cases. it is potential wealth which can be to some extent realised. rich CEOs can never fully cash out.

Most people that have a shitload of money don't have most of it laying around.
It's is mostly invested in companies or stuff like that.
Having money laying around would be stupid due to inflation and economic growth.

you can't hoard billions of dollars. banks loan out your money

/thread

op is a retard

History lesson, Bernie Sanders railed against millionaires for a while but then one day he himself became a millionaire so he moved the goalpost to billionaires and hatred for them is what his flock of sheep espouse.

He is right for the wrong reasons.

It serves no purpose being a millionaire is enough of a motivation factor for entrepreneurs to be productive and to invest.

When they start reaching billionaire status they are able to be more powerful than small countries and one person shouldn't really have that much power and also be able to work in the shadows with what they do.

I don't care about the moral argument of starving niggers. I care about the benefit of my nation. Underhanded billionaires dictating the country isn't in the best interest of the nation or the populace.

>Owning companies, buying stocks is wealth hoarding.

Because the moment he takes from/kills that billionare hes coming for whatever I have.

>Most people starving to death
>Posted from my 1600$ Iphone while I sip a 10$ latte and snack on a 18$ avocado toast.

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The point that most capital doesn't exist is actually the philosophical argument against capitalism.

Your wealth is increasing despite the fact that you didn't create new matter it goes against the laws of the physical world

>When they start reaching billionaire status they are able to be more powerful than small countries and one person shouldn't really have that much power

why should productive people be penalized or limited because of the existence of unproductive countries?

No, if I worked that hard to make that type of money,, I wouldn't want my hard-earned money going to white trash and minorities.

There is an argument to be made, mostly a moral argument, about greed being bad and caring for your community being good (if it's not a multicultural sinkhole), that being said, all leftists should be executed because they are retarded faggots that claim the moral high ground while pushing for the most wicked things imaginable.

So when are you giving up all of your money?

>hoarding
Do these retards think there are big Scrooge McDuck vaults filled with physical cash?

you're a good goy if you really think there isn't a difference between having billions and everyone else
>but it's philosophical
fuck off

people are retarded if they think it just sits in a vault collecting dust like some dragon hoard. All their money is invested into shit. It is not being unproductive.
Could more go to workers? yes. But its dumb to pretend it does nothing.

Agreed they deserve the rope

I have had this exact same convo word for word

>hoarding
This guy thinks that billionaires are just sitting on giant piles of cash, the truth is that their wealth is in assets. He should read up on basic economics.

im with this guy
i don't necessarily agree

"No reason" he says; wealth is power, there's the reason.

These people are insufferable moralfaggots.

>while most human beings starve to death

What retarded world is this person living in?

We have better living conditions now ever in history.

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Make your own money bitch

You can't really prove they're productive enough to be earning that much money.

We've had similar gdp gains when billionaires weren't in existence and there was more laws regulating the economy and banking.

You are just stating that the current distribution of income is inherently good and a representation of how money should be divied out. I'm not convinced.

You also ignored me how it isn't beneficial to the nation they reside in anyway. They're essentially secret lords that get to ignore the baggage that goes along with that power of people relying on them.

>most human beings starve to death
Literally wrong. Also the ones that do starve are worthless anyway.

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The wealth bar for execution should be set at $1.
/thread

>damn those bastards with their scrooge mcduck vaults!
based retard

>Hoarding
Do lefties think that billionaires have a scrooge McDuck vault?
Their assets are rarely cold hard cash. It is going to be mostly in the stock market or in product.
>"BuT wHaT aBouT ThEiR liQUiD AsSeTs?"
Those are in the bank, and the bank doesn't hold most of their money, the bank loans it out to people. That money is still in the economy, usually in the form of small business loans, mortgages and car loans.

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He's wrong none of them hoard money. Their worth is not liquid, it's in assets.

Second: wealth is not a fixed pie, it is generated.

They don't hoard because of inflation. All of that money (or a really good part of it) is turned into credit through bonds, stocks and whatsoever.

Rich man cant be a good man
He is either ruthless to grab this much money or a spoiled narcissist if he inherited it
Richness is a sin

I don't think some fat nosed jew should have that much influence over the economy and own that much real world assets

Sometimes I want to give these idiots their own small micronation to fuck up because it’s easier than explaining how their own envy is unrealistic and stupid,

You’re saying Amazon and Apple are not productive companies?

> hoarding
There's no where the billions are though. If they were just hoarding all the money under a pillow or cayman islands account might have a point, but owning billions in assets is not the same thing because the assets are literally being used by society right now.

Are the machines in the factory hoarded cash? Or are they productive capital goods that we're using to produce shit every fucking day? Just need to think a little bit

Anyway, why is it right to have the govt or someone else to take money from you; but wrong to keep the money you earned for yourself ?

based and checked

well first of all feeding everybody is a bad idea.

>YOU CANT LIKE OWN STUFF MAN
ok

>You can't really prove they're productive enough to be earning that much money.
Doesn't matter, if they've found a way to get it stealing it is wrong. I don't know how to get billions of dollars, so billionaires are clearly better at that than I am, it would be wrong for me to take it against their will. Perhaps I should get off my lazy ass and create something that they want to buy from me, if I don't that's on me.

>muh labor theory of value
Kill yourself

u will never b billionaire

Let the niggers starve, who gives a fuck

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You'll always be poor

No but im sure there are plenty with hundreds of millions of dollars in real estate, vehicles, artworks and jewelry. That all just sits around so it might as well be gold coins in a scrooge mcduck vault.
>inb4 but rich people loan art to museums

I own 7 flats and two houses which I rent to tenants and I can assure you that if any of them miss their payments I will make attempts to get them evicted. This virus is no excuse to pay what you owe. Business as usual as far as I’m concerned.

forgot picture

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i want to defend the idea that there are good billionaires but i don't understand the economy well enough to do so. why would anyone even want a billion dollars like what do you even do with it. i think you just spend it to make even more, which funds jobs? right?

What do you propose would be a more productive use of that jewellery or those luxury vehicles?

He is. If you don't think its bad, then consider all the poor people that literally only care about the number in their bank account and avoid everything that costs them money even in dire situations. It's disgusting to watch poor people do and even worse to have a glimpse of the rich doing it as well.

I'm not saying anyone is unproductive I'm challenging the idea they're productive enough to be worth the income that they make.

Especially Amazon relies on so much government infrastructure to be able to work and they ignore a lot of the taxes they are supposed to pay. It's an unfair dynamic when they're essentially taking away the productivity of workers that allow them to function and have no interest in really reinvesting back into the communities that rely on them.

That's not what i'm saying at all. You should realize its against your interest for a very few amount of people to own everything that have no interest in helping you well being.

Why should a CEO make 100 of times more when in the physcial world. Say Ussain bolt running his 100 meter in like 9 seconds over the fatty walking it in 30 seconds is only 4 times faster.

This difference doesn't existence in the physical world.

I'm somewhere between i'm not an all out socialist nor want the destruction of money. There is no absolutes in how the world should work.

why not just make billions of dollars then retard?

Ok I understand that but none of modern "socialism" has anything to do with "Billionaires". Billionaires will continue to exist under their version of socialism.

If it did....IT WOULDN'T BE GETTING PUSHED BU PEOPLE WHO ARE MILLIONAIRES.

All their bullshit is just another excuse to take more of my middle class paycheck and give it to niggers. That's all it is. All of it. Billionaires can move their billion dollars to a tax Haven with a single click but these faggot "Socialists" are just lobbying for the Government to take more of my paycheck before it hits my account and give it to niggers.

So fuck them and I hope they get COVID19.

Fucking retarded marxists always forget just how much billionaires give to charities, and how much a community could be and/or is benefitted by private funding.

>There is no absolutes in how the world should work.
Wrong.

They don’t understand. A tropical billionaire will own, on paper or thru some scheme, companies (that employ), land (that pay taxes), real estate (tenants,services) and or financial devices that loosely tie into actual cash. A billionaire isn’t just sitting on a billion dollars you tard faggots.

>moral monsters
HAHHAHAHAHA

>All their bullshit is just another excuse to take more of my middle class paycheck and give it to niggers. That's all it is. All of it
Literally this

I mean I agree that we should pretend the world is black and white for stability

this post is correct, OP is dumb as fuck and hasn't progressed beyond a third grade level understanding of the world. most billionaires are the ones building the world and employing your ass, they're not starving you.

>hoarding
owning a building worth 100 million dollars doesnt mean you have 100 million dollars in the bank, but also means you have 100 millions dollars
commies are retarded

>he thinks dollars are real

they dont hoard. their net worth is in the market. if they hoarded money they wouldnt be billionaires.