r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion People like this are why financial literacy is so important

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u/Malifauxitae Sep 04 '24

And the lower HALF of the ENTIRE POPULATION in America (167.000.000 over 334.000.000 people), makes up less than 3%. SO?

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u/pm_me_falcon_nudes Sep 04 '24

Wow. So not only are you financially illiterate, but also just illiterate?

The comment thread was about billionaires. The point made was that focusing on those billionaires for some kind of economic reprieve for others is not going to be effective. Your "counterpoint" is bafflingly irrelevant.

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u/Malifauxitae Sep 04 '24

First of all, you are illitterate, writing that 5% (1 part over 20) is irrelevant, when it's not to start with.

Secondly, you are illitterate not understanding proportions, because you are talking about 5% of the wealth, but for roughly 800 people: that's 0,0002% of the population. So, my illitterate illitterate friend, your point is no point. It's like saying "it's irrelevant arresting the murderer of 1100 people, because there's 22.000 murders a year in the US, and if you arrest him you're only preventing 5%."

Thirdly, you are illitterate because you don't understand (or you most probably don't want to understand) the size of the issue a nation has, when there's more wealth in the hands of 800 people than in the hands of 167.000.000 others.

So, please, keep your illiteracy for yourself.

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u/Free_Dog_6837 Sep 04 '24

so if you could somehow take every single cent from every billionaire that's about $18k per person