this post was submitted on 14 Jan 2024
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The wealthy (lemy.lol)
submitted 10 months ago by King@lemy.lol to c/whitepeopletwitter@sh.itjust.works
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[–] Neato@ttrpg.network 79 points 10 months ago

This is why billionaire defenders who say people like Musk and Bezos aren't really that rich because they have little liquid funds and they can't sell stock are bullshit. They have nearly infinite money with these loans us normal people can't get. The closest thing we have are mortgages against the only thing of value many people own.