|
susurrador
Psychedelic Cowboy


Registered: 03/31/19
Posts: 1,446
Loc: SW US
Last seen: 7 hours, 12 minutes
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: Crazy_Horse]
#26525732 - 03/09/20 03:56 PM (3 years, 11 months ago) |
|
|
Quote:
Crazy_Horse said:
Quote:
susurrador said: But what is the problem with one person earning so much money if there is no maximum amount of money that can exist?
There is a limit to the amount of value of money. The more you print the less it’s worth.
The value of money changes constantly. Yes, the more you 'print' and put into circulation without adding value along the way, the less it is worth.
But if you take a $5 piece of wood, carve it into a bird, then sell it for $40... you just added $35 to the economy that did not exist before.
That is how wealth is made. You apply various forces to materials and increase their value. Every time the value is increased along the way, the economy is growing.
Jeff grew the global economy to the point that it could spare him his 127B without taking anything out of anyone's pockets.
I keep repeating these same ideas because they are true and all connected.
The economy is not a zero-sum-game.
And Feldman, review where you posted the definition of arbitrary and reread all that and you'll find you are mistaken.
-------------------- "If it doesn't work, you can always hit him with it."
|
bodhisatta 
Smurf real estate agent


Registered: 04/30/13
Posts: 61,890
Loc: Milky way
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador]
#26525738 - 03/09/20 03:59 PM (3 years, 11 months ago) |
|
|

It would be absurd to think there was as much wealth, irregardless of its representation in any money, 5,000 years ago.
Wealth is created. The numbers that go along with its representation as a liquidity device, money, so that we can trade is an illusion that doesn't matter. Billion is meaningless.
He is significantly more wealthy by proportion, not sums of cash
--------------------
|
1234go
Ban Lotto Champion


Registered: 07/08/09
Posts: 54,406
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador]
#26525877 - 03/09/20 05:53 PM (3 years, 11 months ago) |
|
|
|
susurrador
Psychedelic Cowboy


Registered: 03/31/19
Posts: 1,446
Loc: SW US
Last seen: 7 hours, 12 minutes
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: 1234go]
#26534885 - 03/14/20 01:40 PM (3 years, 10 months ago) |
|
|
https://www.theverge.com/2020/3/11/21175538/amazon-coronavirus-paid-sick-leave-all-employees-relief-fund
Editz - Two weeks paid sick time for even part-time warehouse employees.
If 40% of Amazon employees end up coming down with coronavirus and get paid 15 bucks an hour for 40 hours for two weeks, that's going to cost Amazon around a billion and a half dollars.
-------------------- "If it doesn't work, you can always hit him with it."
Edited by susurrador (03/14/20 01:50 PM)
|
Big Worm
Perf


Registered: 04/20/09
Posts: 7,642
Last seen: 3 years, 9 months
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador]
#26534937 - 03/14/20 02:03 PM (3 years, 10 months ago) |
|
|
I’m pretty sure businesses like that are getting funding from the government to cover the expenses of giving workers PTO due to the Coronavirus.
|
cannabinated



Registered: 01/03/13
Posts: 14,743
Loc: Outside
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: Big Worm]
#26534962 - 03/14/20 02:16 PM (3 years, 10 months ago) |
|
|
nah its only businesses with less than 500 employees
|
cannabinated



Registered: 01/03/13
Posts: 14,743
Loc: Outside
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: cannabinated]
#26534966 - 03/14/20 02:16 PM (3 years, 10 months ago) |
|
|
its like theyre trying to cause civil unrest
|
qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 8 minutes, 33 seconds
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador]
#26534968 - 03/14/20 02:17 PM (3 years, 10 months ago) |
|
|
Quote:
susurrador said: https://www.theverge.com/2020/3/11/21175538/amazon-coronavirus-paid-sick-leave-all-employees-relief-fund
Editz - Two weeks paid sick time for even part-time warehouse employees.
If 40% of Amazon employees end up coming down with coronavirus and get paid 15 bucks an hour for 40 hours for two weeks, that's going to cost Amazon around a billion and a half dollars.
OMG, how will Amazon ever survive? It's only taking an end of the world scenario for some of these companies to exhibit a small gesture of compassion. Bottom line, it's too little and too late.
Also, something tells me they have their bought and paid for government officials making sure they're compensated for their expenses. At the end of the day, it's not going to cost them (shareholders) shit.
|
feldman114
Stragler


Registered: 09/06/19
Posts: 3,365
Loc: Bravos
Last seen: 3 years, 9 months
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: qman]
#26538463 - 03/16/20 12:00 PM (3 years, 10 months ago) |
|
|
They’re allowed to write that off the same way they are with charitable contributions. Guess Amazon is gonna pay $0 in taxes again next year.
|
qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 8 minutes, 33 seconds
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: feldman114]
#26538545 - 03/16/20 12:41 PM (3 years, 10 months ago) |
|
|
Quote:
feldman114 said: They’re allowed to write that off the same way they are with charitable contributions. Guess Amazon is gonna pay $0 in taxes again next year.
Oh, it's going to be great. The government is going to give companies tons of tax breaks, bailouts and debt relief as these very same companies start layoff their employees.
There is no such thing as "free market capitalism" today, we practice socialism for the corporations and that's about it. This crisis is going to show people how much government is going to benefit The Elite as the peasants are left to survive on their own.
|
Niffla



Registered: 06/09/08
Posts: 46,784
Loc: Texas
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: qman] 1
#26574135 - 04/02/20 10:24 PM (3 years, 10 months ago) |
|
|

Figured ole Jeff deserves a bump and a little credit since it's being reported that he's donating 100 million dollars to food banks in light of this pandemic.
--------------------
HAIL OUR NEW OTD KING
|
Led Zeppelin
Tripper


Registered: 05/17/10
Posts: 3,962
Last seen: 3 years, 5 months
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador]
#26574179 - 04/02/20 10:47 PM (3 years, 10 months ago) |
|
|
Quote:
susurrador said:
Quote:
Crazy_Horse said:
Quote:
susurrador said: But what is the problem with one person earning so much money if there is no maximum amount of money that can exist?
There is a limit to the amount of value of money. The more you print the less it’s worth.
The value of money changes constantly. Yes, the more you 'print' and put into circulation without adding value along the way, the less it is worth.
But if you take a $5 piece of wood, carve it into a bird, then sell it for $40... you just added $35 to the economy that did not exist before. .
You added 35 to yourself not to the economy. The money already existed.
|
susurrador
Psychedelic Cowboy


Registered: 03/31/19
Posts: 1,446
Loc: SW US
Last seen: 7 hours, 12 minutes
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: Led Zeppelin]
#26574188 - 04/02/20 10:50 PM (3 years, 10 months ago) |
|
|
I am the economy. So are you.
-------------------- "If it doesn't work, you can always hit him with it."
|
Led Zeppelin
Tripper


Registered: 05/17/10
Posts: 3,962
Last seen: 3 years, 5 months
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador]
#26574189 - 04/02/20 10:51 PM (3 years, 10 months ago) |
|
|
I see.. as far as I know our money is backed by nothing now and is entirely based on debt right? So we are all screwed anyway
|
Led Zeppelin
Tripper


Registered: 05/17/10
Posts: 3,962
Last seen: 3 years, 5 months
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: Led Zeppelin]
#26574201 - 04/02/20 10:57 PM (3 years, 10 months ago) |
|
|
If I was Jeff benzos I would honestly just take 2 or 3 billion and buy a chunk of land, build a shit ton of tiny houses and start puttin up homeless people. Not even as a favor to them but to the world, like ‘alright no ones gonna do this shit I’ll do it’. All you need to be happy is a wife house and food anyway, seems the high strung are always the ones to make it to the top
|
susurrador
Psychedelic Cowboy


Registered: 03/31/19
Posts: 1,446
Loc: SW US
Last seen: 7 hours, 12 minutes
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: Led Zeppelin] 1
#26574205 - 04/02/20 10:59 PM (3 years, 10 months ago) |
|
|
Has been debt based since... like 1913 I think.
I posted a couple videos Here about it.
Thanks for bumpin, Niffla. Had not read that but it seemed like he was doing stuff amd things.
-------------------- "If it doesn't work, you can always hit him with it."
|
zZZz
jesus


Registered: 12/28/07
Posts: 33,478
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador] 1
#26574271 - 04/02/20 11:36 PM (3 years, 10 months ago) |
|
|
Monies is bs
|
Brian Jones
Club 27



Registered: 12/18/12
Posts: 12,362
Loc: attending Snake Church
Last seen: 8 hours, 22 minutes
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: susurrador]
#26574310 - 04/03/20 12:21 AM (3 years, 10 months ago) |
|
|
Quote:
susurrador said: https://www.theverge.com/2020/3/11/21175538/amazon-coronavirus-paid-sick-leave-all-employees-relief-fund
Editz - Two weeks paid sick time for even part-time warehouse employees.
If 40% of Amazon employees end up coming down with coronavirus and get paid 15 bucks an hour for 40 hours for two weeks, that's going to cost Amazon around a billion and a half dollars.
That's a low estimate. Half the employees get a shift differential, and by my estimate about 30% aren't doing entry level jobs. There are also 6 seniority raises the first three years.
On the other hand, I don't think 40% will get it. They don't ever want us within 6 feet, but 99% of the time they are keeping us 15 feet apart. They staggered shift starting and ending times and breaks, moved lunch tables, microwaves and time clocks. They closed every other work station, sink and urinal.
Anyone can not show up or leave when they want. People who want to work are getting significant financial incentives. I have a shit job, but I'm going in tomorrow night for an extra 11 hour shift for $400 gross.
-------------------- "The Rolling Stones will break up over Brian Jones' dead body" John Lennon I don't want no commies in my car. No Christians either. The worst thing about corruption is that it works so well,
|
TheFakeSunRa
Bitch Splitter



Registered: 03/01/05
Posts: 16,449
Loc: Dirdy SOUF
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: Niffla]
#26575919 - 04/03/20 07:18 PM (3 years, 10 months ago) |
|
|
Quote:
Niffla said:

Figured ole Jeff deserves a bump and a little credit since it's being reported that he's donating 100 million dollars to food banks in light of this pandemic.
Fuck him
-------------------- [quote]Asante said: You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar. You know how shit you are, you just don't give a fuck for precisely that reason. I disendorse you.[/quote]
|
TheFakeSunRa
Bitch Splitter



Registered: 03/01/05
Posts: 16,449
Loc: Dirdy SOUF
|
Re: Jeff Bezos' estimated personal wealth, as of this morning, is about $129,500,000,000.00 [Re: Led Zeppelin]
#26575926 - 04/03/20 07:20 PM (3 years, 10 months ago) |
|
|
Quote:
Led Zeppelin said: If I was Jeff benzos I would honestly just take 2 or 3 billion and buy a chunk of land, build a shit ton of tiny houses and start puttin up homeless people. Not even as a favor to them but to the world, like ‘alright no ones gonna do this shit I’ll do it’. All you need to be happy is a wife house and food anyway, seems the high strung are always the ones to make it to the top
Seriously
Great post
I mean wtf he has over 100 B
Make it 50 Billion
-------------------- [quote]Asante said: You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar. You know how shit you are, you just don't give a fuck for precisely that reason. I disendorse you.[/quote]
|
|