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this post was submitted on 08 Nov 2026
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Microblog Memes
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Why do billionaires despise efficient uses of money?
Because they think they know better than us hoi polloi. Seriously. There's a psych term that escapes me, but once a person gains wealth and power, they think they know better than the rest of us and the rules don't apply to them.
One of the most horrifying things I know about humans is that almost all of us are susceptible to this and it's not simply a matter of people kissing their ass, though that certainly "helps".
This doesn't have to be true. I have explained to one of my kids when asked why I don't think the rich are good people.
Me: Well, what would you do with a billion dollars?
Them: buy lots of toys
Me: ok, after you have bought all the toys in the store, what would you do?
Them: Buy toys for all my friends... Well maybe they could have the ones I'm not using. Buy a house? Buy you a new car?
Me: What would you do after you had bought all that and still have almost all of the billion dollars left over, since a billion is so huge?
Them: um, buy houses for the people that don't have houses? And food for the people that don't have enough food?
Ultimately I believe that to have a billion dollars for any decent length of time you are probably a bad person, because even a kid's instinct is to use that money to help others', even people they don't know.
While wealth might make people bad as you imply, I think an equally valid option is that good people don't stay wealthy because they use the money to help others.
Okay you have to be a troll, but just in case you aren't: If poverty was caused by "low IQ" (which btw IQ is correlated with education so that's a circular argument even if true) rich people who are dumb wouldn't exist.
Read their username. They're obviously a troll, probably piloted by an LLM.
sources?
the IQ is not a valid test of mental aptitude just like the BMI is not a valid test of physical aptitude
Imagine having an iq of only 105, bragging about it, and spouting iq-justified nazi shit
Thanks fcr confirming how lamely average you are
mid
Troll account.
poverty does cause theft. Frater, examine yourself and improve
Criminal Tribes Act Thinking, this is just racism
Because they don’t actually have the money. The value of their holdings are used as collateral on loans. They use the loans to pay for their expenses and are just constantly in debt. This avoids all tax consequences for them. And it is fucking stupid.
i learned a new word kiting the other year, it sounds like thats why rich people do.
When oligarchs do kiting, it is called "circular financing".
They don't see money as we do. It's the control in the price of items and buying power where the real value is at.
These sort of control freak cultists have existed in human societies since time immemorial. They have, can and will always find ways to exploit everyone.
Last year was religion, yesterday ideology and today it's finance. None of these things in a vacuum were meant to debilitate humans until these same people rigged the system.
Future humans will be condemning our capitalist ways like we do feudal societies. They won't see the difference.
they like to hoard it, and use other peoples money thats why. thier net worth is actually in thier stocks/investments for the most part.
2/10 trolling; nobody is this stupid.
No, unless a company releases new stock options that are diluting the value of the current shareholders, the money doesn't go to the company, it goes to the shareholders that sell the shares. Their money doesn't create employment, it realises the capital gain of other investors. And companies don't want to dilute the shares as their sole purpose is to increase shareholder value. And even though they sometimes do, it's pale in comparison to stock buybacks which are exactly the opposites, removing money that could be used for R&D or for workers and raising the imaginary value of their company by inflating investors shares.
It's not their money. These people have 5 aces in their hand. They cheat and then instead of golden rocket cars, they buy the media, our politicians, and secret compounds where they brainstorm how to dismantle democracy and start cults.
It's just that the cheaters that top the leaderboard also know how to play the game, so they overlap legitimate investors and business owners. Musk and friends don't need to cheat every hand because the deck is already stacked in their favor.
That's not really how it works though. The money you pay for stock goes to the person you bought the stock from not into the company to pay the employees
A man cannot develop and maintain a product that made a billion. He has to employ people. And if he does not exploit them for their surplus labor value, he CANNOT become a millionaire
To become a millionaire, you need to exploit your workers for their surplus labor value ie. be a thief.
Dealing with investments and the stock market is like going to a casino. Unless they inherited legacy accounts, they made their money gambling.
Cuban is probably the most obvious example. The man placed a risky bet on shorts and won. Gallway, for all his faults, discusses the luck factor that he stumbled into based on someone else’s gambling failures.