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Billionaire Losses since Trump (lemm.ee)

submitted 2 days ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 19 hours ago

I think they are people with an endless greed that feeds into itself. With their money, they can generate millions in passive income just by having investments. The system rewards their behavior

An analogy that pops into my head is when you have people that are high rank in a multiplayer game, create a new account so that they can be paired with people who are just starting out. The system feels like it's just letting smurf accounts demolish everyone.

That analogy maybe isn't perfect, though, because it implies the ultra wealthy are more skilled when it's really just a resource allocation issue.