this post was submitted on 18 Aug 2023
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If you have over a billion dollars, you could spend every waking moment shovelling money into a fire and you would still have over a billion dollars when you die
When I first started reading this sentence, I thought I was with you, but by the end I was scratching my head.
My point is how much money a billion is. You literally couldn't get rid of it fast enough to keep it from piling up (assuming it is accruing risk free interest).
Yep. They earn interest on their money often faster than they can spend it. It makes less than no sense.