I have four questions for Bernie Sanders, Zohran Mamdani, and anyone else who believes that billionaires should not exist

Wordpress ^ | October 24, 2025 | Daniel Alman (aka Dan from Squirrel Hill)

[KarlInOhio]

The way to reduce the number of people becoming billionaires is for government to act responsibly with the currency rather that fueling constant inflation. Since Rockefeller became the first billionaire in 1916, the dollar has been inflated about 29.3 times. So to match Rockefeller you would need $29.3 billion and a modern billionaire would only have been worth $32.7 million in 1916.

It wouldn't have taken very many more years of Bidenflation for Musk to have become the first trillionaire. Unless you're talking about a Zimbabwe trillionaire.

[joshua c]

capitalism is the marxist pejorative for

free enterprise

free enterprise is what happens when there is a free society

[ridesthemiles]

THEY KEEP THEIR CASH WORKING-— NOT “ON HAND”

[ridesthemiles]

PRETTY SURE IT IS MORE THAN THAT

[monkeyshine]

There are a few who have billions cash on hand. But not people per se. Businesses. Of course they are already very successful enterprises that throw off lots of free cash flow and profits year after year. Apple, Berkshire (which is a collection of companies actually) and if called upon they could pull $20 billion from their bank account.

Most of the trillions on earth are not very liquid at all. Buildings, stocks, bonds - the latter two are somewhat more liquid bonds in particular but not when everyone is rushing for cash at the same time.