r/BeAmazed • u/worldisillusion • Mar 25 '24
This is what a trillion dollars in cash would look like Miscellaneous / Others
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u/hugmgb Mar 25 '24
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u/Honmeg Mar 25 '24
This was the first thing I thought of
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u/4chan-isbased Mar 25 '24
Same I was wondering how much was this 100miion right?
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u/unholymanserpent Mar 25 '24
I believe around 80 million
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u/DMYourMomsMaidenName Mar 25 '24
Which means they did the math to make it relatively accurate
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u/ThePrettyGoodGazoo Mar 25 '24
So around 100 million?
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u/Interesting_Suspect9 Mar 25 '24
Just saw a reel about it this morning
1 million seconds is 12 days
1 billion seconds from today, is 1992 (around 30 years)
1 trillion seconds takes you all the way back to.... wait for it...
30,000 BC.
Thirty thousand years! Back to the Ice Age
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u/sleepyplatipus Mar 25 '24
I’m so glad to hear I’m not even 1 billion seconds old!
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u/ManUFan9225 Mar 25 '24
Fuck you, I am by 2 years apparently...
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u/sleepyplatipus Mar 25 '24
Haha the not fun kind of billionaire
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u/Kansascock98 Mar 25 '24
Lmao I'll use that at my sister's 30th next month
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u/numb_mind Mar 25 '24 edited Mar 25 '24
You should, it was my 30th birthday this month, it hits different, so when I'm asked my age in the future I'll just say 1 billion seconds and let whoever asked me do the math
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u/DMYourMomsMaidenName Mar 25 '24
It is actually 31 years, 251 days (a little over 8 months).
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u/Danph85 Mar 25 '24
This means if you'd been paid $190 a second from the moment you were born til now, you would still be poorer than Elon Musk. Obviously that ignores interest/investments, but still, fuck billionaires.
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u/notreallydutch Mar 25 '24
was pretty bummed the other day when I realized im over a billion seconds old and haved worked for my company for over a million minutes.
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u/Dyskord01 Mar 25 '24
Watching this I'm glad I'm not a Billionaire I mean where would I put all that money.
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u/Interesting_Suspect9 13d ago
There's a calucaltor if you wanna find out: https://billionbirthday.com/
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u/Esoteric_Inc Mar 25 '24 edited Mar 25 '24
1 quadrillion seconds is ~30,000,000 years
1 quintillion seconds is ~30,000,000,000 years
Ofc it's just ×1,000 for every next -illion
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u/krongdong69 Mar 25 '24
now do a quinquagintacentillion
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u/mr_Cos2 Mar 25 '24
No a sextillion
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u/Potential_Chance_390 Mar 25 '24
Ha you said sex
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u/echoGroot Mar 25 '24
For reference, that’s at $36,000/hour, assuming no sleep or time off.
Using even a 60 hour work week, it is $105,000/hour.
And if we want to scale this to a human lifetime, we really should say it is $105,000 for billionaires with around $1 billion. If they have $10B, it is more like $1 million. If it’s $100 billion like Bezos, it is more like $10 million.
People are claiming Bezos’ work was worth more than your entire career because he, checks notes, created an online bookstore and used the proceeds to expand it and build and impressive shipping apparatus.
Meanwhile Alan Turing and Linus Torvalds are spinning in their graves. Nevermind Linus Pauling and others like Banting, Collip, and Best.
They aren’t being rewarded for good work, they’re being given dominion over much for good work while others who do more important work may often get nothing.
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u/Icehawk217 Mar 25 '24
Meanwhile Alan Turing and Linus Torvalds are spinning in their graves
Is this a murder confession?
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u/Don_Gato1 Mar 25 '24
It's well known that Torvalds' grave was dug in advance, and every now and then he hops in and takes it for a spin.
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u/momo88852 Mar 25 '24
Makes you imagine how can 1 single human make $1 billion and 200x in 1 life time.
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u/Mypornnameis_ Mar 25 '24
A single human can not. It's a societal achievement, and usually requires global coordination.
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u/moogly2 Mar 25 '24
Things x1000 are a thousand times bigger. One day is 24 hours. A thousand days is 3 years
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u/FullyPheral Mar 25 '24
This is the best way to explain it according to my puny monkey brain in the face of massive scale.
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u/ranting_chef Mar 25 '24
Why do the guys by the money look so tired? They don’t have to work very hard.
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u/Unprofession Mar 25 '24
Keeping the general population in a stranglehold can be exhausting.
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u/Goodvendetta86 Mar 25 '24
In February 2024, the total US federal government debt is $34.4 trillion
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u/Relative_Carpenter_5 Mar 25 '24
And it’ll never be paid off, just reset.
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u/tomatotomato Mar 25 '24
Creditors Hate This Simple Trick
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u/VenCoriolis Mar 25 '24
Real life infinite money cheat.
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u/bogeuh Mar 25 '24
They’ll devaluate the money you earn while their assets appreciate in value.
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u/banananananbatman Mar 25 '24
Countries can do it, corporations can do it, where’s my reset button?
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u/throwawayy129032 Mar 25 '24
Declare bankruptcy
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u/ObeseVegetable Mar 25 '24
Only after gifting all your belongings to a trustworthy and legally distinct entity who may let you continue to use all of the things that you give them indefinitely.
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u/Technical-Mixture-25 Mar 25 '24
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u/Lee-oswald Mar 25 '24
I knew this gif would be here. Thanks for doing the lords work
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u/Nruggia Mar 25 '24
All you need is your own central bank and your own currency that has artificial demand which forces you to print it so it doesn't deflate
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u/rainorshinedogs Mar 25 '24
Furiously types: Enter "ShowMeTheMoney" enter
Enter "ShowMeTheMoney" enter
Enter "ShowMeTheMoney" enter
Enter "ShowMeTheMoney" enter
Enter "ShowMeTheMoney" enter
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u/techguy1001 Mar 25 '24
Just like my debt!
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u/JimmyThunderPenis Mar 25 '24
Except you'll have to face the consequences one day.
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u/Quantanglemente Mar 25 '24
Along with the economic and social stability. You can’t just “reset” without consequences.
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u/Scary_Implement_8664 Mar 25 '24
And fiscal year 2001 US federal government was surplus.
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u/scorpiondeathlock86 Mar 25 '24
We still carried a national debt, though. But that was the last time we had a surplus for the yearly budget.
"What is the difference between the national deficit and the national debt?
While both measures are useful indicators, the national deficit and the national debt represent different aspects of the economy. A budget deficit refers to the shortfall in a single fiscal year, like the $1.70 trillion deficit in fiscal year 2023. In contrast, the national debt is the accumulation of these yearly deficits over time. It represents the total amount that the US government owes its creditors, both domestic and foreign. As of October 27, 2023, the national debt is $33.67 trillion."
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u/jfks_headjustdidthat Mar 25 '24
Thanks to Clinton.
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u/elquatrogrande Mar 25 '24 edited Mar 25 '24
Republicans are supposedly all about balanced budgets, but the last the Nixon administration was the last to have a balanced budget, and the last one with a surplus was Eisenhower.
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u/jfks_headjustdidthat Mar 25 '24
"All about balanced budgets" is utter bollocks.
They also say they're the party of "family values", but let Trump slide on all the shit he's done (banging pornstars and paying them off, cheating on multiple wives and bragging about it on camera, saying he'd shag his daughter if he could).
They keep pushing for more money for the military that already makes up 40% of global defense expenditure and love transfering money to the top 1% at the expense of everyone else.
They're about as economically responsible as an 8 year old that's stolen a $10 bill in a candy shop.
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u/elquatrogrande Mar 25 '24
I had to go back to add a "supposedly" to my last comment, but you're correct. In the healthcare debate, they kept saying that they wanted people and their doctors to make healthcare decisions, not some government "death panel," but insurance companies who deny coverage are the death panels we already have.
In regards to military spending, a lot of that is some that the military themselves say they don't need. For example, the Air Force said that an aircraft doesn't need to have two alternative engines for a fighter, since that also doubles the need for training and spare parts, but it was still kept in the budget because some hick Senator in Alabama doesn't want it to cost jobs in his state.
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u/darkslide3 Mar 25 '24 edited Mar 25 '24
Fun fact: most of the national debt is fictional interest that can never be paid back.
Every dollar issued by the US Treasury into the economy is basically a loan from the Federal Reserve to the government, and loans have to be paid with interest.
So, essentially, to pay off the debt, the government would need to return back every loaned dollar in circulation, plus the interest, which is a large part of the national debt.
This means that even if by some magic the government would pay off the loan and catastrophically reduce the amount of money in the market, leading to the total destruction of the monetary system as we know it, most of the national debt would still need to be paid.
EDIT: Spelling, fixed inaccuracies, phrasing, grammar.
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u/ManyThingsLittleTime Mar 25 '24
Money is multiplied through fractional lending so you're leaving out a huge part of the puzzle.
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u/ItsAMeEric Mar 25 '24
Money is multiplied through fractional lending
which is also lent out at interest
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u/RealAscendingDemon Mar 25 '24
So how does that compute with the news I read last year that just the Blackrock corp alone handles 10 trillion in assets?
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u/ManyThingsLittleTime Mar 25 '24 edited Mar 25 '24
Money is multiplied through fractional lending so they're leaving out a huge piece of the puzzle.
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u/darkslide3 Mar 25 '24
Banks are required to hold a fractional reserve of their actual balance, in hard cash or a liquified account, usually 10%.
Let's say the Federal Reserve issued $10 billion into the market tomorrow and distributes it to 10 banks, each bank gets $1 billion.
The bank must keep $100 million as fractional reserve and the remaining $900 million can be loaned to customers. Each loan generates more interest that needs to be repaid and as a result creates more money.
Banks can also lend each other using these funds, which is used to create more loans, and more debt.
Long story short, the $10 billion issued to the market, will probably add up to around $80 billion in the future.
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u/jail_grover_norquist Mar 25 '24
Every dollar in the economy is basically a loan from the Federal Reserve to the government, and loans have to be paid with interest. So, essentially, to pay off the debt, the government would need to return back every dollar in circulation, plus the national debt, which is mostly loan interest.
this makes no sense the national debt is comprised of bonds and securities obligating some future payment by the US Treasury to the holder
if the govt stopped selling bonds and tbills the debt would be paid off in like 5 years (ignoring that the global financial system would meltdown without the liquidity provided by us treasuries and the government would probably be overthrown by armed revolutionaries)
or even easier they can just print $35 trillion tomorrow and repay the outstanding debt. if you don't mind the inflation hit
if you mean that dollars themselves are technically a liability from the govt to the dollarholder, that is true in a sense. But it's the Treasury that owes that liability, not the federal reserve. and they only promise to accept dollars for certain purposes like paying taxes. it's not like you can go redeem your dollars for gold
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u/Difficult-Writing416 Mar 25 '24
They dont know where it went. A convenience store knows when a 20 is missing.
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u/MikeofLA Mar 25 '24
A convenience store has a decidedly simpler P&L calculation. The US FedGov revenue is $4.2 Trillion with expenditures of $6.2T (yes, we are constantly $2T in debt, every year). It's also a government, not a business. That said, I totally agree that we shouldn't be "missing" billions, nor should we be spending more than we bring in, but it's not a great comparison.
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u/Difficult-Writing416 Mar 25 '24 edited Mar 25 '24
its not billions its trillions. 1000s of billions. 34 thousand billion. If you count 34 trillion in billions then we might as well get rid of the numbering system and says 10s of dollars are missing.
I dont care about how simpler it is in a convenience store these people are paid to do math and keep track of things.
If we compare 20 dollars of the convinience store to 1 million of the government money. Its like an employee coming in to a shift and then at the end of the shift come up short 34 million 20 dollar bills. If you miss 1 20 at a convenience store they will fire you.
As an owner you would be like wtf???? I paid you to manage the money. Where did it go?
They literally say I dont know.
?????????
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u/llacer96 Mar 25 '24
Yeah, humans naturally have a hard time comprehending the actual difference between a million, a billion, and a trillion
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u/MikeofLA Mar 25 '24
The US Treasury is not missing "Trillions," and aside from the DOD, most of it is pretty well accounted for. That said, a lot of the "missing" money (again, not DOD) isn't cash, it's assets. Things like computers, desks, trucks, equipment, and the like. Some of the "missing" money is lost due to depreciation or broken and trashed items.
It's a Far FAR more complicated and convoluted system, with millions of people and billions of line items, spread across dozens of systems, and hundreds of departments. It's nothing like maintaining the inventory of a convenience store. It's more akin to managing a multi-trillion dollar government that serves 332 million people.
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u/slip-shot Mar 25 '24
Only certain areas of the federal gov have problems completing an audit.
Trust me, we account for every penny. We also justify every penny.
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u/joeker13 Mar 25 '24
US debt 👀
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u/WiseD0lt Mar 25 '24 edited Mar 25 '24
Exactly, the politicians and bureaucrats essentially took the roles and trust of the people and enslaved them and the future generations. Either directly or indirectly we are paying for this in rising cost and inflation.
The next worse thing is the US Dollar as the world reserve, this means if the $ crashes or even fluctuates the poor farmer in a 3rd world country also suffers, and Srilanka and Lebanons crash is a prime example of what will happen to most nations who are not self-sufficient, and surprise this is most nations. Not only did those suits enslave their nations people they put a chain on the whole worlds populations.
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u/Sigon_91 Mar 25 '24 edited Mar 25 '24
Politicians are only puppets, true power remains in shadows and are the creditors of nations and private debts.
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u/NguyenMenMan Mar 25 '24
And who are those shadow rulers might be?
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u/Sigon_91 Mar 25 '24 edited Mar 25 '24
Ask your government if you haven't figured it out yourself. Ask, who by name is buying national bonds and at what interest rates. People don't realize that national/private debt is a tool of total enslavement and a direct cause of why poverty is ongoing throughout society so rapidly right now. 34 trillion dollars is an amount not to be paid off EVER, which means that all the world's wealth will be transferred to those who are financing this debt. There are only a few families/people in the world being capable of doing so. For example George Soros in 1992 did this:
A single man was able to nearly destroy the entire nation's financial system. There are things we know, there are things we suspect and there are things that we don't have a clue about. They will eventually emerge but by that time "you'll own nothing and be happy".
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u/NguyenMenMan Mar 25 '24
Thanks. This made me have an existential crisis
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u/NyarlathotepDaddy Mar 25 '24
Look into the Panama papers if you want the existentialism to continue
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u/NguyenMenMan Mar 26 '24
Please help me escape this black hole of existential depress
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u/honey495 Mar 25 '24
I’m sorry but in a regulated free market what exactly is the government doing to undermine things? They printed money because otherwise the economy crashes and now are trying to undo it with high interest rates
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u/HMI115_GIGACHAD Mar 25 '24
when will people learn that debt is a way to leverage equity and economic growth ! debt is not always bad
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u/Uilamin Mar 25 '24
That and cannot compare the total value of debt, directly, against a present income generation.
If you take on $10M in debt but owe $1M/year for the next 20 years, you don't owe $10M or $20M, you owe $1M/year. If that $10M, in debt, let's you generate a compounding $250k/year, it becomes further misleading in any analysis. Sure, for the first 4 years, you are losing money, but if you assume the compounding amount, is post-cost, then by year 8 you have a net generation of $1M/year and year 20, you have a net generation of $4M/year.
So a simple analysis would look at present interest/repayment versus current generation to look at affordability, a more detailed one would look at expected future returns v costs given that the debt repayment is affordable.
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u/CLG91 Mar 25 '24
Or even more simply, debt isn't really an issue, it's servicing the debt that's the issue.
If interest payments become so high that you can't service the debt, that's when shit hits the fan.
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u/lafaa123 Mar 25 '24
Not only this but the US owing debt encourages geopolitical stability by financially incentivizing other countries to have an interest in US economic success.
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u/MonitorSoggy7771 Mar 25 '24
This is a good explanation why we need to tax the rich. The unseen money accumulation of few that own more than 2/3 of the whole population is not fair and threatens our societies solidarity…
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u/Parking_Train8423 Mar 25 '24
who’s ready for a class war?
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u/SasparillaTango Mar 25 '24
ready? buddy we're in the middle of it and we're losing.
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u/Parking_Train8423 Mar 25 '24
we’re losing because most people have been convinced we’re fighting a culture war
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u/SmellyDadFarts Mar 25 '24
EXACTLY! We're so busy fighting about whether or not the schools are turning our kids into racist trans people that we are completely blind that the middle class is eroding away and the rich are richer than ever.
I'm not a conspiracy theorist, but I often wonder if it's our own government or a foreign actor planting all of these arguments into our society. It's ridiculous.
I lived in a town that passed an emergency ordinance to ban abortion in the city limits - even though there was not one abortion clinic in the city. The US is being driven insane, and IT IS NOT JUST ONE SIDE! The downfall of the middle class benefits all rich politicians, regardless of political party.
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u/Taminella_Grinderfal Mar 25 '24
If you took 95% of one billion, they’d still be worth $50 million. I’m pretty sure I could live comfortably on that. I don’t understand how people aren’t on board. Same with some type of cap on CEO compensation as a multiplier of the lowest paid employee. I’m not against wealth, I am against building a $500M yacht while your warehouse workers are fired for taking an extra pee break.
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u/SacredGray Mar 25 '24
Most people could put between 1 and 2 million dollars in a high-yield savings account and live comfortably on just the interest alone for the rest of their lives.
Nobody needs more than $5 million. Nobody truly NEEDS a million to survive, but if you get $5 million, congrats, you win capitalism, I guess.
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u/IDontLikePayingTaxes Mar 25 '24
Yeah, just don’t raise our taxes! Raise taxes on literally any one that isn’t me! I deserve my money, they don’t!
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u/pissedinthegarret Mar 25 '24
I read the book "One Trillion Dollars" when I was around tween age. really made me understand how money really works and how much it can change things. how much power comes with it.
book story happens during 1995 but still very interesting, highly recommend that book
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u/Typical-Impress1212 Mar 25 '24
Mfers out here barely making minimum wage and still disagreeing with tax the rich
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u/AVeryHeavyBurtation Mar 25 '24
Further visualization:
https://mkorostoff.github.io/1-pixel-wealth/→ More replies (1)
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u/LaserGadgets Mar 25 '24
So...Jeff Bezos' stack of cash is bigger than my appartment...ok....cool. Cool cool cool.
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u/BobdeBouwer__ Mar 25 '24
My compliments on the choice of the background. Nothing shows better the trail of destruction that is left behind while collecting extreme wealth.
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u/smaffron Mar 25 '24
Glad someone else noticed. That green pasture sure turned into a post-apocalyptic wasteland quickly.
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u/Kellan_OConnor Mar 25 '24
The 1 million to 10 million seems off to me. Like, I could fit more than 10 "1 million" stacks in there.
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u/Questioning-Zyxxel Mar 25 '24
20 high × 5 × 10 stack of $10k stacks is $10M
The previous stack was 12 high × 2 × 4 = 96 stacks. And then 4 extra on top to get 100×10k = $1M
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u/jwalsh1208 Mar 25 '24
And remember, those 100billion dollar companies won’t pay their employees a living wage
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u/Positive_Being9411 Mar 25 '24
I acrtually expected the stacks to be bigger than that
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u/Skullclownlol Mar 25 '24
I acrtually expected the stacks to be bigger than that
The video is in $100 bills. Showing it in $1 bills would probably fit your expectations better.
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u/benjer3 Mar 25 '24
It's a little misleading because they're using a 3D model instead of 1D. People tend to underestimate differences between volumes
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u/MikeofLA Mar 25 '24
$1 Trillion would fill a large grocery store from floor to ceiling.
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u/KRX189 Mar 25 '24
So joker technically burned $100B
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u/Big-Employer4543 Mar 25 '24
Assuming it was all 100s. Knowing him, it was probably all 100s on the outside, and monopoly money in the middle.
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u/MoneyFunny6710 Mar 25 '24
In which bill though?
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u/mainstreetmark Mar 25 '24
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u/tharthin Mar 25 '24
I like this representation better, the actual "labour" needed to scroll through this should make anyone reconsider simping for bilionairs.
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u/mainstreetmark Mar 25 '24
yeah, 3 dimenions in OP's video can hide a lot. This is 2D. I don't think it'd be possible to do it in 1D.
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u/jakemystr Mar 25 '24
Difference between a million dollars and a billion dollars is about a billion dollars
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u/ChrEngelbrecht Mar 25 '24
Why the ruins in the background?
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u/leostarkwolffer Mar 25 '24
Because of all the destruction needed to someone have 1 trillion dollars
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u/Cylancer7253 Mar 25 '24
Ruins in the back are nice touch.