ATBNB
Artfinity / Binance Coin
crypto

Look at how rich Bill Gates was compared to a minimum wage earner in 1990. Now look at how rich Elon Musk is compared to a minimum wage earner today. We are definitely concentrating wealth in the top 1%. They get richer by the day as the rest of the world gets poorer.
Wealth is being concentrated in the top 1% for a few reasons. Off the top of my head:
1. We enact a lot of legislation that assumes trickle-down economics works (even though nearly every independent economic study concludes it doesn't.)
2. When big companies fail, we bail them out. When small companies or individuals fail we say "It's your problem."
3. Billionaires no longer pay taxes. You and I pay more than Elon does in taxes. That's messed up.
4. We created anti-trust laws to prevent companies from getting too big, and having a monopoly, but we haven't broken up a company with an anti-trust law in the last 40 years. That was AT&T, which at the time was worth $150B ($520B in today's money) Google is estimated to be worth $4.4T. Amazon is estimated to be $2.6T Those companies are 4-8x the size of a company we would have broken up in the 80s, but we let it slide because corporate lobbying is too powerful.


Wealth inequality now is comparable to the circumstances that led to the French Revolution and we all know how that went. (although technology has provided better standards of living to today's poor.)

I have had enough. Enough bearposts on this subreddit. Week after week, bears mocking doge HODLERS.
Well guess what? WE BOTTOMED
THE BEAR MARKET IS OVER
SEE YOU AT 1$

Look at how rich Bill Gates was compared to a minimum wage earner in 1990. Now look at how rich Elon Musk is compared to a minimum wage earner today. We are definitely concentrating wealth in the top 1%. They get richer by the day as the rest of the world gets poorer.
Wealth is being concentrated in the top 1% for a few reasons. Off the top of my head:
1. We enact a lot of legislation that assumes trickle-down economics works (even though nearly every independent economic study concludes it doesn't.)
2. When big companies fail, we bail them out. When small companies or individuals fail we say "It's your problem."
3. Billionaires no longer pay taxes. You and I pay more than Elon does in taxes. That's messed up.
4. We created anti-trust laws to prevent companies from getting too big, and having a monopoly, but we haven't broken up a company with an anti-trust law in the last 40 years. That was AT&T, which at the time was worth $150B ($520B in today's money) Google is estimated to be worth $4.4T. Amazon is estimated to be $2.6T Those companies are 4-8x the size of a company we would have broken up in the 80s, but we let it slide because corporate lobbying is too powerful.


Wealth inequality now is comparable to the circumstances that led to the French Revolution and we all know how that went. (although technology has provided better standards of living to today's poor.)

I have had enough. Enough bearposts on this subreddit. Week after week, bears mocking doge HODLERS.
Well guess what? WE BOTTOMED
THE BEAR MARKET IS OVER
SEE YOU AT 1$