Quote:
Originally Posted by Patton250
You didn’t make a point. Do you acknowledge money is not finite? There is more money today in circulation Then there was 10 years ago. Every time a new technology is invented on new type of business. It creates new jobs, new opportunities, and of course new generated money. It always cracks me up when people say, only a few people have all the money. No, the truth is only a few people are geniuses, extremely hard-working and blessed to live in a free market capitalist country like the United States. These people work their asses off, take all the risks and therefore earn lots of money. You should be angry at central party leaders like existed in the former Soviet union, and still exist in North Korea and Cuba today. They literally do nothing and take an extreme amount of the very much finite money in those countries. That’s not how it works in a free market capitalist country.
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In the third quarter of 2022, 68 percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 3.3 percent of the total wealth.
You are on ignore now