Comments by "Zach B" (@zachb1706) on "RealLifeLore" channel.

  1. I thought it was only 2-3 billion
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  2. The deficit
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  3. The problem with socialism is the us no incentive to work hard or innovate. On top of that, demands are set by a government- not the consumer. In the USSR we saw the government manufacture huge amounts of machinery that could lead to wealth - but the basic consumer needs and luxuries were never made
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  4. Tommaso D'Aquilio yeah, you worked. But not hard. People lied about their work to get over the set quotas. There’s a whole set of reasons the USSR didn’t work, the main problem is incentives.
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  5. And if they find you, you get thrown in a labour camp for the rest of your life... no thanks
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  6. He got $300 000?! Damn, that’s almost $200 billion.
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  7. Doug A it was an investment. I’m doubtful it was necessary, as he only was a online bookstore. But sure, write off his hard work and success because his family wasn’t financially unstable. He can’t from a middle class household, now he’s the richest man in the world. He should be inspiring, but sadly people prefer to pity their lack of action.
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  8. A majority of his wealth is in Amazon shares, so he cannot access a majority of the money. It also means that if he “just triples” workers wages Amazon would probably lose the majority of its bottom line and the stock price would plummet
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