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I would rather have 28,000 millionaires per billionaire.
14,226 Aufrufe • vor 4 Tagen •via X (Twitter)
10 Kommentare

A couple corrections and clarifications on my own video: 1. I reference a couple news articles making claims about the number of NVIDIA employees who are millionaires. I was too hasty to accept/repeat the numbers there and should have been more skeptical. The exact numbers are possibly/probably wrong, but directionally correct. I should have presented it as less certain than I did. 2. I say something about how a person with a lot of money (e.g. Musk after PayPay with ~180 million) can do some things that many individuals with smaller amounts of money can't (e.g. 180 millionaires) -- like found Tesla. This is poorly said on my part, obviously it is possible to start successful companies without having a huge amount of money. Tesla itself was started by a couple people like that, though they used Musk as a major investor, and, later, cofounder. My point is more that concentrations of capital in the hands of successful capital allocators leads to the creation of successful businesses or more capital.

You really should be more popular.... Fantastic stuff

Good on you for having you intelligence insulted on a daily basis and deciding to do something about it. 🙂

You're always so eloquent. Very well explained.

My only critique is in the end we should want to balance equitable and increased consumption with creation of wealth. Maximizing creation of wealth will always result in maximizing consumption in the long run, because all consumption is just trading created goods and services.

He really is alarmingly stupid

Al-Sayanythin is a demonic bastard.

I noticed this a while back, but I find it interesting that you end every video by saying “thanks for your time”. I’ve never seen that before.

Really need people to understand that capital isn’t idle just because it’s equity

Abdul is just a parrot repeating socialist talking points he’s been told to repeat by his handlers. Same as AOC. Same as the other socialists in congress. It’s very transparent.
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