Comment by Avicebron
4 days ago
I mean, we can call it a voluntary surrender of their networth for the public good. How many school teachers could be funded by splitting and selling his ranch in hawaii
4 days ago
I mean, we can call it a voluntary surrender of their networth for the public good. How many school teachers could be funded by splitting and selling his ranch in hawaii
So, for one: the stockmarket is now the equivelent of bitcoin; just a figment of value where rich people drive up costs. Just like a car is _invaluable_ to you not because of it's material value but because what it does out strips it's raw goods, facebook is mostly a bunch of tiny bubbles.
So you ask yourself, _if this thing disappeared tomorrow_, what would be the actual loss. It's definitely not it's valuation.
The ranch in hawaii is a real asset...
It could certainly not fund Hawaii’s department of education for a single year. And what would you do the next year after selling it and spending the money?
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