this post was submitted on 09 Feb 2024
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A nice exercise is to take a small amount, like 50€ or maybe 1000€ if you have a steady job, and think how that would change your life if you were given it.
Then double (roughly) and think what you can do with that much money.
Repeat until you can't really know the difference.
No one needs a billion.
A million? Retire at 60 instead of 70, and change nothing else.
A billion? Retire today, buy a few mansions across the world, and start a few SuperPACs.
From there, it’s just more SuperPACs for a while.
A trillion? Add in a mercenary army with a few spy satellites.
You missed the point of the exercise.
What would you do with 50k?
100k?
200k
500k
1M
2M
5M
10, 20, 50, 100, 250M?
500 Millions?
1B?
Then think how many people could have a better life with just a "meager" 50K... if some billionaire were taxed slightly more...
I'm not even talking about the vast majority of earths population that would see their life getting better with fifty bucks here and there.
Counterargument: think how many of those people could be put out of their misery if the cost of water was increased to $1k/gallon and all other sources of water were removed.