It would be virtually impossible for even spending in the billions to impact the actual life quality of the richest men on earth, so you effectively have to assume they are just *that* ideologically committed to their personal wealth and the power it brings.https://twitter.com/NatStClair/status/1240293174762860544 …
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Bloomberg had months to get ready for his stupid vanity campaign and had the time to liquefy assets in an orderly economy (rather than the current firesale). But I admit, I'm speculating here.
But it often seems like folks don't realize that the scale of interventions we are talking here would blow way past even Bezos levels of wealth, fast. Amazon's operating expenses, for instance, are 80bn per *quarter*
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The plan, for instance, to give every 'American adult' 1k - assuming that just means adult citizens (whereas it should probably also at least cover perm. residents) would cost $200bn. Potentially *per month* if we kept doing it.
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so Bezos, if he sold everything, could operate Amazon without revenue for *maybe* a quarter, before it falls apart along with him. FWIW, I think the government should do the checks and print the money; inflation is progressive (and currently quite low).
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