/u/elch07 Too many people don't understand the staggering
difference between a million dollars and a billion
dollars, let alone a trillion dollars. |
/u/NTMY I always liked the example of 1 million seconds (~11.5
days) vs 1 billion seconds (~31.5 years).
I guess new we have to add 1 trillion seconds (~31,500
years) |
/u/WoodsenMoosen My favorite is that the difference between 1 million and
1 billion is about 1 billion. |
/u/pipkin42 A billion is one thousand million. |
/u/biggestofbears *go become a millionaire a thousand times".
Like how do people really think that's done? It's
immoral, unethical, and should be illegal to be a
billionaire. Eat the fuckin rich. |
/u/-CODED- A thousand times just for ONE billion. These people have
hundreds of billions. |
/u/alwayssunnyinskyrim Now a thousand billion! |
/u/kryonik Plenty of people don't have a net worth of a hundred
thousand dollars. These people have a net worth of a
hundred thousand million dollars. It's insane. |
/u/rage-quit for Elon that is *Go become a millionaire one million
times.
He can treat $1,000,000 the same as someone with
$1,000,000 can treat $1 |
/u/Zukuto yeah but a billion minus a million is still near as
makes no difference, a billion. |
/u/pipkin42 Yes, I was just adding another one to the list. They're
both effective ways of expressing the same idea. |
/u/Feeling_Inside_1020 Make a million and it's in the bank? Cool! You're 0.1%
on your way to become a billionaire!
And .0001% on your way to a trillionaire! |
/u/Caleb_Reynolds And the difference between a trillion and a billion is
about a trillion. |
/u/eugene20 I like that one but a lot of people that can't visualise
a billion at all just don't understand it so I always go
with the seconds, |
/u/NRMusicProject I just saw it's the difference between someone with a
thousand dollars giving up a dollar, vs. a millionaire
giving up a thousand dollars, vs. a billionaire giving
up a million dollars.
It's the same exact percentage. Really puts shit into
perspective. |
/u/Junin-Toiro At 8% average growth (net of inflation, the historical
return of sp500), a billionaire will make a new million
every 4.5 days. |
/u/RoadToHerald If you go back a million minutes, you're in 2024.
If you go back a billion minutes you're in the Roman
Empire.
If you go back a trillion minutes you'd be living
during a time that the first species recognised as human
had appeared. |
/u/MariaTPK How many seconds is a trillion? |
/u/LamyT10 problem is: Lots of people cant even comprehend how long
31500 years are(I dont even know if I can). |
/u/NTMY Sure, but comparing not even two weeks with almost half
of most humans total life span? That should be something
most people can comprehend.
I just added the trillion seconds one, because they
were not needed when I last saw someone use that
example. |
/u/SaucyStoveTop69 5 dollar a second since before recorded history |
/u/Low_Swan2142 A million is life-changing for most people, a billion is
system-changing, and a trillion is almost abstract. |
/u/kaisadilla_ They are unreal. Spain's GDP is $2 trillion. This means
that society has given Elon Musk control over a share of
society's wealth equal to all the goods and services
made by the entirety of Spain (pop. 50 million) in 6
months.
At this scale, net worth does not express your ability
to pay your bills; but rather how much of society's
resources is controlled directly to you. I truly believe
I don't need to explain why a single individual
shouldn't have control over such a large share of
society's resources. |
/u/Donny-Moscow Yep. And that's not about being smart or stupid, it's
just the way our brains work. I think it helps to
reframe it in terms of time.
One thousand seconds is 16 min 40 seconds. One million
seconds is about 11.5 days. One billion seconds? Over 31
years. |
/u/kaisadilla_ And one trillion seconds is 31,710 years which is
insane. |
/u/ConnectionOk8273 Heard someone say that if he was a country, he'd be #22
of richest countries in the world... |
/u/ElkApprehensive1729 That's a good one, but the ones who need to hear this
most won't read it that way. the ones who need to hear
it are the Americans mostly, and they would still not
grasp that. America thinks that everyone else except
them lives in squalor lol. Even if they have it worse
off. |
/u/jlomski Most Americans hate this dude except for a very vocal
minority |
/u/ElkApprehensive1729 You're not wrong, but it still stands true. I have
people even in the most blue states possible be shocked
at some things in my country. Just saying "He'd be #22
of the richiest countries in the world" you're going to
have vast majority of Americans really not grasp that.
and thats not their fault, they were raised that way. I
like the above guy who used seconds into years. Even
some of the least brainwashed americans often think top
#10 wealthiest countries have to shit in outhouses and
have no public garbage pickup lol |
/u/squngy This kind of thing is said often, but it is not correct.
You are comparing yearly turn over to total wealth.
This is a bit like saying you are as rich as your boss,
because everything you own is worth as much as what he
makes in a year. |
/u/Inside-Example-7010 A million seconds is 11.5 days. A billion seconds is
31.5 years and a trillion seconds is 31500 years. |
/u/jimbarino The year is 20,000 BC and the land is locked in ice.
Ugg, an early human lost in the snow, finds a magical
wishing rock. He wishes for eternal life and endless
wealth. He is gifted immortality, and granted an endless
stipend of $5000 an hour, 24 hours a day, for the rest
of eternity.
The year is 2026 AD. Ugg has seen glaciers sweep the
land and then recede, seas fill and dry, civilizations
rise and fall. Through all this, he has managed to save
every last cent his $5000/hour magical wage has granted
him. His net worth is still lower than that of Elon
Musk. |
/u/Dyolf_Knip He really should have been investing that in the rock
market from the get-go. |
/u/notsure500 Yep, you have to put it in terms of, the average person
has to work 11 million years to earn that much money. Or
5 million of the average household net worth is same as
just this 1 cunt. |
/u/not_a_moogle At one dollar a day, if you went into the past your be
past all of human civilization and into the mid
Paleolithic era. Humans at that time were still just
using fire and simple tools made from sharp edge rocks.
Not counting commercial and million dollar properties,
he could pay off probably all residential mortgages.
You could give every working age american 5 grand. |
/u/Recent_Show_3506 a billion sounds like just a bigger million until you
realize it's a thousand millions then the scale gets
ridiculous fast |
/u/Dopplegangr1 Elon has enough wealth he could give every person in my
state a million dollars and it wouldn't affect his life |
/u/MechAegis Something I read on here one time about wealth. I can't
remember it very well.
Having millions of dollars is like being able to own a
couple of houses/properties.
Billions of dollars is like owning exotic yachts and
mansions.
Having a trillion of dollars is like being able to sway
political opposition. |
/u/sphericaltime The weird part of this is that swaying politics is
cheap, usually in the tens to hundreds of thousands of
dollars until the last few years. Even moderately low
level millionaires could do it.
Then Musk threw $250 million at politics last elections
and the prices are going way up. |
/u/Boring-Adeptness-711 And unfortunately thanks to Citizens United! |
/u/annieselkie „If you wanna be a billionaire
You gotta make a million every year
Then do it for a thousand years without spending a dime
And if you make a million every year
For a hundred thousand years
You'll still have less than the top five at this time"
(Billionaire by Rocky Leon) |
/u/Ryaniseplin imagine how much value a million millionaires would have
on the world, it only elon wasnt hoarding |
/u/Ok-Neighbor-1983 Too many people fail to understand that this surge of
wealth is being taken directly from the American pension
fund, and if space-x fails as a company the entire
pension economy will collapse. |
/u/ViaVitoV Oh so you mean a million million is a million million ? |
/u/m3rcapto People don't understand basic economics.
Profits are created from losses, if one company or
person gains wealth, someone else loses it.
You can't just create 800B out of thin air with an IPO,
it is removed elsewhere. |
/u/Boring-Adeptness-711 Just like all the earth resources he consumes |
/u/magikot9 The difference between a billion dollars and a trillion
dollars is about a trillion dollars. |
/u/chankeypathak Spending $1,000 per day, it would take:
about 2.7 years to spend $1 million,
about 2,740 years to spend $1 billion,
about 2.74 million years to spend $1 trillion. |
/u/PreparedReckless Here is an absolutely perfect example by Tom Scott
https://youtu.be/8YUWDrLazCg?is=3XsI1RrJTDAhgzwj |
/u/Sedert1882 Him becoming a trillionaire has for many people firmly
cemented their dislike/disgust at the ultra-rich class.
He's shone a spotlight on them collectively, that many
of them would want to avoid. |
/u/Careful-Bet6197 At that point, it stops being admiration or envy and
turns into how did we even get here? |
/u/ElonsBreedingFetish Hopefully it turns into rage. Millions are suffering and
dying because of them |
/u/HowdyDiarrhea The whole system exists on an extremely fragile
agreement, and they're vastly outnumbered |
/u/PureReason1117 To them, the deaths are ok if only certain people are
dying. |
/u/Vivid_Anyth4 Im sure they taste pretty good. |
/u/Sipikay They have 90% of the wealth.
It's pathetic, beyond pathetic, when they pillage
public coffers to pay for things. Literally a disease. A
virus. A parasite. |
/u/superpananation Also they are going to make money worthless. It's like
ruining their own grift by getting too greedy. You can't
be the richest man alive if the rest of the world has to
make a new system or die. All of a sudden your riches
are meaningless. |
/u/Serial-Griller Quite the opposite, imo. Elon is a fantastic patsy. Just
look how little the Walton's or the Sacklers have been a
part of the public consciousness ever since Leon started
dominating any headlines not already occupied by the
orange one. |
/u/rufusbot True. How many deaths are the Sacklers responsible for? |
/u/Content-Sun2928 Make like the Mario Bros and stomp a turty |
/u/ReachParticular5409 We're gonna have to move pretty far past 'disgust' if
anything's going to get done |
/u/SparksAndSpyro And beef costs are going to increase because he cut
programs that controlled screwworm infestations. |
/u/_strand_ fuck the price of beef getting expensive
people in North America are going to get screwworm and
die from it
the first case of it in someone in US happened last
August, because someone travelled to El Salvador, now
the screwworm is here in the US, no need to fly anywhere
to catch it |
/u/HighlyOffensive10 Buy Ivermectin stock? |
/u/Original-Rush139 Doge has probably killed a million of the world's
poorest children. It's crazy that we won't care until
the price of McDonald's goes up. |
/u/atreeismissing Good on the beef pricing increasing. Bad on the
screwworm infestations. We should, collectively, be
eating less meat in the US (and other 'first world'
countries) because we can afford to without sacrificing
nutrition. |
/u/shallah and human infants belly buttons and every other warm
blooded creature with wounds, eyes nostrils etc. are
potential hosts |
/u/Gameboywarrior Do people not understand the relationship between the
rich getting richer and the poor getting poorer? |
/u/HectorsMascara Too abstract a thought for many. |
/u/Kindly-Guidance714 Divide and conquer made so incredibly simple you'd had
thought they invented the concept yesterday.
No wonder the parasite class laughs behind closed doors
at us. |
/u/Distinct-Pain4972 Insert idiocracy quote. |
/u/pinupcthulhu It's not that abstract: "you know those taxes that come
out of your paycheck? Well now instead of it going to
fund stuff you use, it's going directly into his
pockets." |
/u/kaisadilla_ Yup. Society has normalized hearing both "this basic
necessity cannot be provided anymore because there's no
money!" and "this rich guy is now twice as rich,
business is blooming!". |
/u/Xaero_Hour They literally do not. It's been half a century, but
trickle down/voodoo/rising tide economics is stronger
than ever and is showing no signs of slowing down. |
/u/tryingisbetter The average person barely understands anything. |
/u/atreeismissing They don't, they also mostly don't care, they care about
what they can personally afford at any given moment in
time and what they feel they should be able to afford at
any given moment in time. That's how most people make
decisions. |
/u/elch07 Americans aren't very good with math or numbers. |
/u/sukhoi_bailout Only when they eventually find themselves in the poor
category. |
/u/shallah but the rich with all their media have told us it was
the other (insert insult for religious sect, skin tone,
etc) poor people doing it to us!
it can't be the rich refusing to pay a living wage much
wages that are equal to the contribution the worker
makes to the corporation! |
/u/SquidTheRidiculous There can only be so much money at a time. Having that
much hoarded by one single individual is going to mean
there's less left for those of us just trying to
survive, not trying to "win" capitalism.
People dunk on "just print more money!" Ideology but
that's essentially what they're saying when they tell
the dregs of society to just bootstrap themselves. |
/u/Davoswannab When he spends life changing money to disaffect my vote
and in turn this administration continually robs the
people they're supposed to work for because of the money
he spent. |
/u/rndsepals The election interference and illegal vote buying were
bad that led to worse administration and DOGE
shenanigans. But I fear a racist trillionaire with a
robot factory and spy/ wifi satellite contract with the
US military will lead to worst outcomes. Why are
Americans so down with war profiteering and the
superrich exploiting their tax dollars? |
/u/EidolonRook He the poster child for unloved rich kids everywhere
desperate for validation he didn't get from his parents.
Also; little fuckers made life much harder for everyone
not him by being a bloodsucking "capitalist cosplayer,
nepotistic socialism enjoyer" who raided programs that
could have helped billions, all for the ego-driven goal
of being the first trillionaire.
He's like Trump, because they are enabled to do exactly
as they want to because the system allows it and no one
can stop them. Why? Protected by others in power.
Instead of removing those people and forcing
regulations, we're blocked by people preaching morality
while playing politics.
Because that always ended so very well. |
/u/kaisadilla_ More realistically, he's the poster child for gaming the
system. $1 million is $1 million; but $1 billion is
power, and with that power you can get more billions
which are more power.
Musk got NASDAQ to change the rules to allow SpaceX to
be listed the way it was - something that, for reasons
too complicated to explain, forced a lot of entities to
buy SpaceX stock, thus driving the price up and greatly
increasing Musk's valuation with it. |
/u/Reasonable-Job4205 Its like a tall ladder being supported by many people.
At the top of the ladder is elon and the people
supporting him are all stacked up in a pyramid to better
support him. And their entire belief system is that
someone should be up there...because it implies that
someone would therefore be #2, #3, #4...etc... |
/u/superbottom85 What he doesn't understand is that people pretend to
like him and cater to his whim only because he has
money. I despise him, but if he gives me million
dollars, I would clap at every syllable he speaks. |
/u/EidolonRook my guess is his move towards politics is to rectify that
exact problem and solidify what control he can have over
others. That seems to be the mindset of many of them. |
/u/throwaway60221407e23 I personally know a brilliant Latina woman who was doing
some incredibly interesting cancer research that had
just gotten her very own lab for the first time. I
helped her move the equipment in. Then she had to close
down her lifelong dream because a large part of her
funding came from grants that DOGE got rid of for being
DEI-related. It was heart breaking. |
/u/sharkt0pus Socialism never took root in America because the poor
see themselves not as an exploited proletariat but as
temporarily embarrassed millionaires. - John Steinbeck |
/u/sumdeadguy THE SCREWWORM INFESTATION IS HERE THANK YOU ELON |
/u/heimster88 Imagine defending a literal nazi. |
/u/a_sentient_cicada Elon's DOGE kept him out of prison and took my job. |
/u/Fabric_Flowers It makes it increasingly likely that my voice will not
be heard equitably in my government. He uses his
financial power to influence politics, and this only
grows the more wealthy he becomes.
It makes it increasingly likely that our financial
systems will continue to privilege wealthy and support a
K shaped economy because he is going to do everything he
can to avoid any changes to that.
So yeah, it definitely influences each and every one of
us |
/u/ViaVitoV The only way we are going to make it to Mars is if
everyone sacrifices a little cancer for the cause. |
/u/CreamFuture9475 Anyone, but Melonoma Musk |
/u/KingfishingYoMama [ Removed by Reddit ] |
/u/PapasauruaRex The corrupt rich may not have shot, stabbed or
physically killed someone, but they do indeed have blood
on their hands by making many people suffer and get
killed due to the cost of living due to their greed. |
/u/No-Performer-977 we need to shame every loser that defends that pos |
/u/keithstonee Everything is worse because of Elon directly, like he
did it. He made everything worse actually. |
/u/unfairrobot Didn't DOGE also cut the Screw Worm monitoring and
protection program? So there's also the potential
decimation of the US livestock industry. |
/u/inderbitably This dude just his money and the power it grants to
interfere in a presidential election |
/u/Bulky-Internal8579 When one person hoards that much wealth it means the
rest of us all have less opportunity to obtain the
resources we need to survive and prosper. There's no
reason for anyone to have a trillion dollars - it hurts
society, it holds back innovation and means more hungry
children. And there's nothing a person with a trillion
dollars can have that a person with $100 million dollars
can't have. It's insane. It has to be addressed. |
/u/Shoddy_Cookie6748 Elon is destroying the world. |
/u/Curious-Basket-7934 Not "his wealth led". MUSK did it. He hired and made the
DOGE Govt unit, which was just a huge lie meant to cover
his tracks as he stole ALL of our data for AI and to
sell it to the highesr bidder. |
/u/glowingmushrooms He's considered a trillionare because of the current
valuation of spacex stock. In the coming two weeks when
spacex becomes available to index funds, most
retirement/pension funds will inadvertently buy spacex
at the ridiculous price its at, providing exit liquidity
for the private capital investors who bought most likely
at a fraction of what its today and musk himself. Spacex
ipo is basically stealing money from pension funds of
regular people into elon musks pocket, thats how he's a
trillionare. Did I mention most indexes changed their
rules in so that spacex stock would be included in them
faster ? |
/u/JOExHIGASHI he has more power to meddle in politics and society in
general now |
/u/Then_Worldliness2866 Same with a deadly storm rolling through your home with
no warning due to NOAA cuts... |
/u/baileybungee Stealing taxpayer money affects everybody. Right, left,
conservative, liberal, rich, poor. Everybody. |
/u/Aethermancer Elon's reckless actions have killed more innocent people
than Jeffrey Dahmer. |
/u/Icreatedthisforyou Ground beef is like $8.00/lb (generic Walmart 80/20) now
with direct ties to his actions and he clearly is
demonstrating that private sector wealth WILL NOT pick
up the slack for socially beneficial actions. With the
added benefit of we give him billions in our tax
dollars.
There is not a single more harmful individual in the
country than Musk and it isn't even close.
And to anyone that disagrees, I will direct you back to
my first statement. Musk literally took $1-$2 out of
your wallet any time you want something with ground
beef.
And because of that prices of pork and chicken are also
already rising. Both are $1 more than a month ago where
I am.
So yeah turns out it takes selfishness and complete
disregard of the well being of others to become a
trillionaire, and I get to pay that price every time I
want to eat meat because his actions.
The sad thing is I have first world problems in that
regard, his actions directly killed people in the same
cuts. But hey at least he went from having more wealth
than he could ever use in tens of thousands of life
times, to having more wealth than he could ever use in
hundreds of thousands of life times. |
/u/Big-Snow-1937 Elon Musk is personally responsible for the illness and
deaths of hundreds of thousands of people due to his
sudden and severe USAID cuts. We're talking babies and
pregnant women and people who are dying of AIDS or of
malaria or of pregnancy issues or other treatable
problems because they could no longer get treatment or
nets or meds. Destroying public health leads to more
poverty, instability, and violence, and drastically
affects women and children, thus ruining any hope of a
better future and economic advancement for entire
regions of the world.
Musk has brought a level of misery on humanity that
probably pleases him but the rest of us will answer for
it for generations. He's cruel and he's evil, and we
Americans did nothing to stop him. |
/u/Joe_Linton_125 This is such a retarded question. They're obviously
looking for the answer to be "No effect" but even if
that was the case, maybe ask yourself what effect
confiscating all of his ill gotten* money and assets
will have on your own life.
*every single penny Elon had is ill gotten because his
dad owns a slave emerald mine |
/u/Current-Term9746 Funny how "trickle-down economics" always seems to end
with the money pooling at the top and everyone else
being told to wait a little longer. 🙃 |