Ok so how does a cancer kill its host?
It grows until it consumes so many nutrients that the other living cells don’t get enough. The host literally starves even if he eats plentifully.
The same applies for the US: The billionaires are not only hoarding wealth, but by doing so they’re crippling the economy for workers and everybody besides themselves.
Suppose you spend 1.000 dollar a day.
A millionaire would take roughly 3 years until he spent it all.
If Jesus were a billionaire and did the same. He wouldn’t finished by today and would need another 700 years.
The numbers might be not exact but the point still stands: The difference between a millionaire and billionaire is ridiculous huge.
People think they understand numbers like billion because they understand thousand and billion is just thousand times thousand (million) times thousand. Multiplication is fairly intuitive, but exponentiation is not. Without explicitly thinking it through people feel like 1000^3 is not very different from 1000 * 3.
It’s the same reason the lottery fools so many people into gambling their money away.
People know what a million euros is, and having that 1000x is not that weird to reason about
There are roughly just under 3000 people on earth with more than a billion dollars.
They have a combined net worth of over $16 Trillion
Say the almighty Cthulu/Allah/Zeus decided “yo fuck those assholes” and instantly redistributed that $16 trillion among all 8 billion+ people on earth equally
Everyone: Every man, woman and child would get just a bit shy of $2000.
Fun thought experiment
Correct, because the difference between a millionaire and a billionaire is roughly 1 billion dollars.