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?