this post was submitted on 15 Dec 2024

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In a hundred years or so we'll be explaining that it's okay to be a billionaire (lemmy.nz)

submitted 1 week ago by [email protected] to c/[email protected]

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In a hundred and twenty or thirty years or something, the dollar will have inflated by 1000 times, so a billion dollars then will be equal to a million dollars now. It'll cost a billion dollars for a nice four bedroom house.

But we'll have had a hundred more years to produce anti billionaire propaganda, so a lot of people, especially teenagers, will need it explained to them that being a billionaire isn't so bad now. The Marxist-Leninists will all be saying that Cyborg Bernie Sanders is an evil billionaire, and us reasonable leftists will be explaining that a billion dollars is just what it costs these days to own a residence in your home state and also in DC, which is necessary for working as a senator.

What we'll really need to look out for by then is the trillionaires. Good for nothing parasites. There's no excuse for one person to own a trillion dollars while there are people living on the streets who can't even afford a measly ten thousand dollars for a cheeseburger meal.

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[–] [email protected] 4 points 6 days ago (1 children)

Shower thought back at you: won't we as a society just move the decimal place? Like maybe this has happened with other currency (I remember stories of devalued cash being carries in a wheelbarrel and used for wallpaper) but say the USD gets so devalued with inflation over time, that you can't buy even the cheapest in-store item for less than $100. Like a lollypop off the tree is $100.

Wouldn't we just start calling a hundo a buck and our bank system would do a switchover? One day your account would read $6,878 and the next it would be $69 (nice) and nothing else would change? You were making $420/hour and now its $4/hour.

[–] [email protected] 2 points 3 days ago (1 children)

MMO level and stat squishes, irl.

[–] [email protected] 2 points 3 days ago

Lol that tracks.

[–] [email protected] 4 points 6 days ago (1 children)

Darn trillionaires sitting on all their money :p

What comes after a trillion? ..Other than a trillion and one

[–] [email protected] 2 points 6 days ago

Just in case you don't know, electric musket"'s" wealth is reaching half a trillion. So maybe 10 years.

[–] [email protected] 32 points 1 week ago (2 children)

Nice fantasy, the climate of earth will be uninhabitable for human life and I think that will be just neat.

[–] [email protected] 9 points 1 week ago (1 children)

I WOULD find that neat if the planet was uninhabitable for human life only as opposed to most life

[–] [email protected] 13 points 1 week ago (1 children)

Once the humans are gone, life on the planet will begin to return.

[–] [email protected] 4 points 1 week ago

That's not much consolation to everything alive today. I think the existence of life is pretty morally neutral, but the suffering were causing for the life that already exists is inexcusable.

[–] [email protected] 0 points 1 week ago

I kind of hope for Nuclear Armageddon that's something the planet can recover from climate on the other hand it's done. But honestly it it maybe to late for it to make a difference.

[–] [email protected] 16 points 1 week ago (1 children)

In the USA minimum wage will still be 7.25.

At least it goes up in the U.K., even if it seems to be slowly creating a scenario where everyone is earning minimum wage.

[–] [email protected] 2 points 6 days ago* (last edited 6 days ago) (1 children)

In the USA minimum wage will still be 7.25.

https://www.minimum-wage.org/wage-by-state

It's not that wage now in the vast majority of states.

Edit: The actual "Average" minimum wage of a US worker is 11.33/hr. Which is a population distribution of minimum wages across all states.

I am only adding this to show the problem of treating the "federal" minimum wage as a monolithic representation of the USA. It's not. Stop treating it as if it was.

[–] [email protected] 1 points 6 days ago (1 children)

Twenty one States on that list had a minimum wage figure of 7.25, who cares about an average.

[–] [email protected] 1 points 6 days ago (1 children)

Because those states are small population wise, any attempt to push 7.25 as "normal" on an international forum is disingenuous. treating an issues that is distinct on a state hy state issue as if the federal is the end all be all is a lie of omission. Those same 21 states also have a lower cost of living.

[–] [email protected] -2 points 6 days ago (1 children)

But if you were asked, what is the USA minimum wage, you’d say 7.25. Anything else is irrelevant.

[–] [email protected] 1 points 6 days ago

No. I wouldn't. Because minimum wage varies wherever you are in the USA. Where I live it's over $13, nearly double. It would be disingenuous to claim 7.25 when literally nobody I know is at that rate.

That's my point. Stop pushing the shit narrative. Statistically, you don't know a single soul that's at 7.25 either. Comparing the UK minimum wage, a country with 1/5th the population and 1/40th the landmass... Acting like the all of the USA is a monolith like the UK is disingenuous.

[–] [email protected] 10 points 1 week ago

A hundred years?

More like it's taken at least 50 of our current years, we're just at the peak. We're saying, as a society, that hey! You can be a convicted felon AND be president AND suffer almost NO consequences! Hey! You can be the richest person in the world and do whatever the fuck you want without repercussions!

It's being normalized, unfortunately, in the now.

[–] [email protected] 7 points 1 week ago

I a hundred years, society will have collapsed and here may not be any organized human life to be found.

So, don't worry about this.

[–] [email protected] 6 points 1 week ago

yes. in the gilded age it was millionaires and now its billionaires and yes trillionaires are about the corner unless we our society improves. no one should make more than 100x someone else.

[–] [email protected] 6 points 1 week ago

If nothing changes in that time we'll be so fucked.

[–] [email protected] 5 points 1 week ago (1 children)

I mean, dragonrider thinks that people will have a billion dollars, and the rich will have a trillion, but dragonrider thinks that the rich will have quadrillions by that point. Maybe dragonrider will even get to start using all those idle game terms like quintillion, or decillion.

[–] [email protected] -1 points 1 week ago (1 children)

Or maybe we'll have had a revolution and transitioned to a moneyless society based on mutual aid.

[–] [email protected] 4 points 1 week ago

Well now the original premise is being changed... Don't take away dragonrider's potential future with tridecanonillion dollars! Sextillion is also a very fun word to say in the halls of power.