These are true facts, however it’s also true that we already have a number of unsold homes on the market greater than we have number of homeless people. We already make enough food to feed everyone. We just choose to let people sleep hungry on the streets. That’s what our democracy has voted for.
So what does musk’s billions and trillions matter? He could have two trillion tomorrow, and we’d still have enough money as a country to take care of everyone, and we would count up the votes that say not to.
Value != Money. He has a fraction of a fraction of a fraction of that as actual money.
The vast majority of not all but a tiny few percent of that 800b is basically untouchable to him as much as it is to us.
That’s still like 10s to 100s of millions of dollars in wealth. But unless he’s moving to use that value to trade for or buy other value. No bank is goanna loan him the money to do anything.
And if he attempted to turn that value into useable wealth it would just tank the value of the companies that make up that value thus losing him money even trying.
These are true facts, however it’s also true that we already have a number of unsold homes on the market greater than we have number of homeless people. We already make enough food to feed everyone. We just choose to let people sleep hungry on the streets. That’s what our democracy has voted for.
So what does musk’s billions and trillions matter? He could have two trillion tomorrow, and we’d still have enough money as a country to take care of everyone, and we would count up the votes that say not to.
These are just examples meant to give context on how much money he has.
Value != Money. He has a fraction of a fraction of a fraction of that as actual money.
The vast majority of not all but a tiny few percent of that 800b is basically untouchable to him as much as it is to us.
That’s still like 10s to 100s of millions of dollars in wealth. But unless he’s moving to use that value to trade for or buy other value. No bank is goanna loan him the money to do anything.
And if he attempted to turn that value into useable wealth it would just tank the value of the companies that make up that value thus losing him money even trying.
And what does that context mean then?