• Stern@lemmy.world
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    9 days ago

    Billionaires don’t become (or stay) billionaires by spending their own money.

  • snekerpimp@lemmy.world
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    10 days ago

    No, he needs your money, otherwise he has to spend his money on what he wants, and that would mean he would have less money. It’s always easier using other people’s money.

  • jimmydoreisalefty@lemmy.world
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    10 days ago

    Is there not a saying about this, I forget the direct one…

    How would you push back against these, I know many working class people are born hearing them, as well as people starting their own businesses…

    Here are some similar ones though:

    “Never use your own money when you can spend someone else’s.”

    — Ken Follett

    Kenneth Martin Follett, is a Welsh author of thrillers and historical novels who has sold more than 160 million copies of his works.

    [Picture below says: ‘First Rule of Money: Never use your own.’]

  • spujb@lemmy.cafe
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    9 days ago

    but their money isn’t all liquid !!1!2 it’s simply not that simple

    • billybong@lemmynsfw.com
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      9 days ago

      Four members of the richest British family, worth £37bn, have just gotten prison sentences for paying 1/10th the minimum wage to their servants. Paying them a legal wage would’ve kept them out of prison and been like you or me dropping a penny into a charity box, but they wouldn’t do it, even for people that they saw every day. Billionaires are sociopaths.

      • NateNate60@lemmy.world
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        9 days ago

        It’s so easy for billionaires to buy popularity. All they have to do is act normally and not be the greediest person on the planet. But people likely to act that way are also less likely to be billionaires, it seems.

        If I were a billionaire, why wouldn’t I pay my staff double the market rate, tip $100 to every server at every restaurant I go to, and donate money to charity like crazy? It’d ensure that I’m well-liked everywhere I go and the cost would be chump change to me.

        • dch82@lemmy.zip
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          9 days ago

          My theory is that all potential billionaires who are not greedy have already donated a lot of their wealth or something

  • PhlubbaDubba@lemm.ee
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    10 days ago

    Counting loans collateralized on capital assets as income, either all the time or at a loan interest rate below federal interest rates (IE, not going to beat inflation and therefore throwing money away)

    There’d be exceptions for stuff like a primary home mortgage or primary car auto-loan, but this sneaky sneaky shit they try to pull where they get to just have unlimited money without ever paying the toll for “making” that much needs to be closed off.

  • rayyy@lemmy.world
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    9 days ago

    Oh, but the super wealthy ALWAYS need, “a little bit more”. They are super willing to kick you in a ditch for a nickle.

  • Nougat@fedia.io
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    9 days ago

    The “billionairre” “needs” your money in order for the “billionairre” to “have more money.” QED