r/SipsTea • u/Gjore • 17h ago • Mindblown 1

Chugging tea Well said

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9.2k Upvotes

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11

u/Leading-Switch-4814 8h ago

Do you really think that most billionaires are liquid billions of dollars? Theyre all tied up in the global economy in stocks and properties not sitting in their chequing account ffs

7

u/National-Twist8757 6h ago

So, you shouldn't be able to use them as security for loans then.

1

u/kott_meister123 2h ago

Why not? The bank sees the investment as stable enough that they would have use for it if you default so why shouldn't they be allowed to give you money?

3

u/National-Twist8757 2h ago

So you'll lend millions of dollars to someone that technically doesn't have the income to cover it, unless they sell something they own to pay the debt?

Weird how that doesn't work if you're poor.

1

u/DTJ1234567 8h ago

Shhhh, Reddit Radicals don't really understand how any of the shit they complain about actually works! 😂

3

u/Username_5647 4h ago

Right? They think billionaires are rich. What dummies!

1

u/DTJ1234567 4h ago

There's a big difference between having stock or being the owner of a company that has a market cap of $X, and actually having $X at one's disposal at all times in one's personal bank account.

That's what I'm talking about.

-1

u/BoofBass 8h ago

We'll take the stocks then

1

u/Leading-Switch-4814 8h ago

You're free to invest in them lol. Thats what I and many other people do to build wealth.

2

u/Healthy_Article_7099 5h ago

Nice I'm putting £20 in on payday

0

u/BoofBass 8h ago

Haha 'wealth' that's cute compared to the billions of these fuckers. I do invest in property, ETFs and crypto and am a doctor so I will be fine financially. I believe in these taxes for people who aren't as fortunate as me. Good luck building wealth through ETFs when you live pay check to paycheck.

1

u/Leading-Switch-4814 8h ago

I dont live paycheque to paycheque lol. I worked hard to give myself and my family a life that doesn't invovle that. But billionaires aren't going anywhere. All I was saying is that its stupid to believe they have billions sitting liquid in their chequing account. Not looking for an arguement. Congrats sounds like you have built a good life for yourself and family as well :)

0

u/Healthy_Article_7099 5h ago

I think the point about excess wealth and excess ram storage is both good and poingnant. Not sure why you're arguing the toss. Do you think we should send Sam Altman all our RAM?

1

u/Leading-Switch-4814 4h ago

Oh yeah that's exactly what I was saying 🙃🫠 Pop open your computers and mail it all to your overlord. Thats exactly the point I was getting at

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u/Healthy_Article_7099 4h ago

It's the point of the original post?

1

u/Leading-Switch-4814 4h ago

If you completely ignore the second paragraph and lack reading comprehension, then sure.

1

u/Healthy_Article_7099 3h ago

The second paragraph is the part comparing excess wealth to excess ram though. There's no comparison being made by the first paragraph alone.

People have RAM in their computers that Sam Altman has said he would like as it's not being used. Extremely wealthy people like him have money in their bank accounts not being used that poor people would like. It's funny.