US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul
US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul
Billionaires now control 1 out of every 25 dollars of American wealth.
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But what for? Even with the toys of millionaires (yachts, villas), over a few 100 millions it's only a number.
They don’t just buy toys. They buy laws, politicians, service, deference, control, luxury, immunity…
When you have that much money everything is for sale and people will kiss your ass to sell it to you.
For what, to make more number go up? Or would you murder someone if you could get away with murder? Or maybe they didn't get that rich in legal ways, in the first place?
There's a concept called the hedonic readmill. Essentially "nothing is ever enough."
You chase power/money for greater happiness, but our natural tendency is to then feel neutral once we achieve it and so you want to chase greater happiness and so on and so on...
Exactly, hubris and greed.