I always roll my eyes when I hear “billionaires are unethical and shouldn’t exist.”

The problem is not that billionaires exist.

The problem is an infinitely expanding money supply that's exploited to create wealth inequality, enslaving many and empowering a few.

If you think billionaires are bad, wait until we start hearing about new trillionaires.

Reply to this note

Please Login to reply.

Discussion

There are billionaires that provided value and billionaires that set up shop next to the money printer. They are not the same.

The problem is still the same

wherever there is a problem there is a Good opportunity

Yes and still a good distinction to have, esp when discussing the topic with those that have the mindset you reference.

To clarify for them that, if someone makes their fortune from providing value that the free market appreciates is very very different from those that make their fortune simply rent-seeking and benefiting from the cantillon effect.

The former will always exist, and are to be appreciated for their contribution to society, while the latter would not exist in a truly sound money standard.

Important to understand.

"Rich people are evil" is a psyop made to trick you into disliking those who create the most value for the world.

If you're angry about wealth inequality/shrinking middle class, the true enemy you should be directing your disdain toward is CENTRAL BANKS and the governments who print infinite money through them.

nostr:nevent1qqs9h8tylsnp7m7zjesxx43lukm34a57zy5rpxrvlsg26rqfy66ekhcpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgst4kvxwwq0du4c75xnl7rf4tm4mjvc09eqff7gtf9ld79mnlq8q7qrqsqqqqqp3zdmzd

Without the money printer and the cantillion effect, many billionaires would not be. They used the broken system. The best thing to do is take away the money printer. Thankfully we now have the life boat.

Precisely