Comments by "Tiago D\x27Agostini" (@tiagodagostini) on "Is Wealth Inequality As Bad As We Are Told? Defending the Indefensible - How Money Works" video.

  1. So why don't you complain that US government spends More EVERY YEAR into the military than the combined fortune of all these billionaries? Remember they do that with money they took from YOUR WORK! The billionaries on other hand do not have BILLIONS on money. They have assets that are evaluated at a humongous ammount. If they did not have those assets we would have less jobs, less houses built, less marketplaces to go to etc... On the other hand... how much of the military spending really helps society?
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  2. What people mostly fail to realize is that inequality creates opportunity. In a society where there can be no billionaries then we would not have SpaceX and all the advancements we gained. On such a society we would have a MUCH MUCH lower crop yield and food would be more expensive, in such a society we would not have commercial flights (since it is unfeasible to make such a company without a crapton of money) People mix the problem. It is not that some have a lot, the problem is why so many people are worth so little in the society (because what you earn has direct correlation on how much you are worth to the society) ? That issue is not only economic, and crosscuts every field imaginable of society.
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  3. That is bullshit from people that do not look at numbers. One that does not control at least close to half of the production capability cannot forcefully raise the prices. They woudl simply lose market! Do nto forget that USA has HUGE HUGE tarifs to stop cheaper Brazilian food to get into USA, so there is no lack of options.
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  4.  @dailyrant4068  The issue is, if he raises paycheck at amazon enough that people get happy, suddenly amazon is less profitable than other companies in the stock market and then ALL INVESTORS move there, and suddenly the company values collapse. When you enter the market you cannot afford to leave the zone of the "most profitable".. because it is a death sentence.
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