When both the middle & lower classes are broke they will go after other countries for wealth.

@Mageba_wav All these billionaires and yet still no Batman or Tony Stark. Just a bunch of sadistic pedophiles paying political pawns to keep everyone else impoverished. That's the sad reality of what humanity has become. A shadow of our true capabilities

@Mageba_wav That’s the effect of Ronald Reagan’s trickle down economics. Corporate greed was supposed to be good for the economy because they’re were going to share their wealth with the workers. WRONG!

@Mageba_wav The dollar going down in purchase power 99% has created “billionaires” that have less assets than millionaires in the past. Adjust for inflation.

@Mageba_wav One answer this POS also dropped the nuclear ☢️ crack bomb on my community.

@Mageba_wav @DannyBsHouse Why do you think Trump has been murdering South American Fishermen? He wants to start a war w/Venezuela so he can steal their oil & natural resources. Colombia is enraged that Trump killed a fisherman with no ties to the drug trade. Their govt is demanding an explanation.

@Mageba_wav Most of those billionaires actually build products so your life is easier. They aren't sucking money from you, you and millions of others decided to pay for their services because it's convenient for you and many others life style. The entitlement is wild...

@Mageba_wav All nonsense. The only reason why this white woman and her colleagues are crying broke is because they are. They clearly saw the systemic racism, discrimination and sexism in their lives and chose to ignore it because they benefited‼️😉

@Mageba_wav She is right about everything she said except Capitalism. She, and most people do not understand we don’t live in capitalism since 1971 when gold was removed from backing dollars. If you don’t use Capital(gold/silver) as money, you do not live in capitalism

@Mageba_wav It's because companies became monopolies and the government didn't do anything to break them up. The broken government is responsible for a lot of these problems. They're not doing their jobs for America because they're getting paid not to.

@Mageba_wav She’s standing spewing in front of her $4000 fridge, in her obviously expensive home with high ceilings! I wonder if she, or her husband are employed by poor people?

@Mageba_wav I don’t get why you guys keep misunderstanding wealth today. The reason why there were that few billionaires in the past was because they had to have real tangible assets under their control. Today, it’s all virtual tied to stocks thanks to the stock market. Stop being blinded.

@Mageba_wav All I know is those with the millions and billions are some of the unhappiest and miserable people on earth. Take it all you mofos , just take it ! Have all your worthless wealth. True wealth you cannot buy.

Watching the trillions over Covid get funneled to this group was eye opening. I don’t think they are all bad, but the power and influence should not be discounted. 100 percent of them do not reflect YOUR values, all of them have a different idea of how to accomplish their/your our goals. It’s too much power.

@Mageba_wav Best explanation ever for the absurdity of giving the wealthy huge tax breaks instead of making them pay their fare share in taxes.

@Mageba_wav Getting off the gold standard is the reason we hyperinflated our own money.

Horrible take, lol, but I also don’t know why people struggle with the concept of net worth. Elon Musk, for instance, has made many useful things for society. His companies have made many people wealthy, and he has a small ownership stake in them. The more useful those companies are for everyday people, the more his “net worth” (not actual money) increases. He’s not taking something from you and hoarding it, lol. This is not the Dark Ages where you're a king hiding all the land's food for yourself. Another perfect example: Billionaire Mark Cuban talks about how he routinely had players on his NBA team earning more money than him every year. You guys gotta get outside, touch grass, and stop letting the media control your viewpoint of the world.

@Mageba_wav What do all of these billionaires have in common? They had something that people bought.

@Mageba_wav The Fed + money printing-Inflation + banking-collateralization.

@Mageba_wav All of these billionaires don’t just stem from technology, they stem from huge changes in taxation especially during the Reagan administration. It’s been vexing that no politician either side of the aisle will tax the wealthy and corporations what they should much higher taxes

@Mageba_wav This is exactly why I say voting 2 party is voting against yourself. Voting for the person with the most money raised you have voted against yourself. 🤦🏿‍♂️🤦🏿‍♂️🤦🏿‍♂️

@Mageba_wav It’s super depressing when people have no idea how money works.

@Mageba_wav Tell me you dont understand the effects of inflating the dollar without telling me you dont understand the effects of inflating the dollar

@Mageba_wav Its because of this piece of shit. He is why we are so messed up today. May he forever rest is shitm

@Mageba_wav she's right but missing two points. 1. it's easier to be worth 100 billion dollars because they have 2X the entire money supply in the last 5 years alone. 2. she's not counting the families with the most stock in vanguard, blackrock, etc. they are trillionaires already.

@Mageba_wav Close, but not fully accurate. The problem isn’t “billionaires”. The problem is the replacement of “CAPITAL-ism” with “DEBT-ism”! All the “ism’s” she pointed out have one thing in common: CENTRAL BANKING This is the mechanism enabling the consolidation of power and money. 🧐

Measured in dollars, actual measurable wealth has fallen by over 95% conservatively since 1913. So you need more dollars to measure an equal part of wealth from that time. That debasement was supercharged in dollars in 1971 when we came off the gold standard. Ultimately inflation created the multi billionaire class (in dollars)z. Along with monetary debasement, and a population ignorant of debt monetization. All while voters are mindlessly romancing debt to soothe the very real and frightening feeling of falling behind.

@Mageba_wav Lmao!! She’s not talking about the real problem. What’s backing your currency? Nothing!!!!!

@Mageba_wav Well the first confirmed billionaire was actually Mansa Musa. But I get what she’s saying

@Mageba_wav In 1960 $1,000,000,000, was a lot more money than it is today. It would be about $10,000,000,000 today, so redo the numbers to those who hold $10,000,000,000 or more to get a more true evaluation.

Simple minds believe simple things. Inflation, devaluing the US $. It's always easier for simpletons to be taught to hate people as assignation for problems vs understanding the real reasons. Which are not that complex actually. She has never turned down one penny given to her, earned or otherwise.

@Mageba_wav Dayum, think how much she would have if she invested her tuition dollars in MSFT or GOLD or AMZN? Clearly, education failed her. :(

@Mageba_wav WTH do you think he’s trying to start wars everywhere

@Mageba_wav She’s obviously wrong, rockerfella didn’t hoard money in his area, the real reason is that the governments of the west expanded the money supply by creating it from thin air, not possible with no gold standard and fractional reserve banking

@Mageba_wav You have to adjust for inflation to compare across decades and centuries. I am actually interested in this subject but you kind of discredited yourself by not accounting for inflation at all.

@Mageba_wav @allbenjamens Tweaked grandma cookin