
08-16-2022, 09:13 AM
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Sage
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Join Date: Feb 2021
Location: Where Eagles Dare to Soar...
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Quote:
Originally Posted by OrangeBlossomBaby
That's still wealth rearrangement. When you favor entrepreneurs just starting out, you DISfavor the CEOs of the mega-corporations. Every $10 you give to a startup is $10 less you give to a wealthy mega-corp. If you give $10 to the mega-corp, then that $10 you give to the startup won't help, because he's still the same amount of mega-bucks behind and still has the same amount to catch up on.
Wealth rearrangement is fine, if it's done in a way that allows the mega-wealthy to continue being mega-wealthy, but gives the startups a better opportunity to get into profit-making.
As for "what constitutes wealth" - I'd say Warren Buffett has a pretty good idea of the definition. If one of the wealthiest people in the WORLD says "what I make is too much" you can probably believe him.
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Yet he somehow manages to keep all of his money...
Talk is cheap...
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