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/biz/ - Business & Finance


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24301262 No.24301262 [Reply] [Original]

well /biz/?
you need any more proof?

>> No.24301316

What does Jeff Bezos's compounding net worth have to do with federal minimum wage laws?

>> No.24301347

go back communist child pornographer

>> No.24301350

>>24301316
A lot, but you will never understand this.

>> No.24301401

>>24301316
well he should give me some

>> No.24301403

he did it because he's more smarter then u

>> No.24301410

>>24301350
Elaborate or dilate

>> No.24301421

>>24301262
Stock shares are a ponzi scheme.

>> No.24301422

>>24301316
Productivity goes up. Salary stay the same

>> No.24301441

>new worth=money in bank account hurr
Look at Amazon stocks, then consider how much of that absurd sum is tied to it

>> No.24301445

>>24301350
Let me guess, we should go "educate ourselves", right? Back when I was stupid enough to be on Twitter, this was how every interaction with Commie Twitter played out. A wild correlation. Request for a shred of evidence linking them. "Educate yourself!"

>> No.24301487

Where is the EAT THE RICH line going to be drawn? First it’s Bezos, next thing you know anyone who owns a house gets the guillotine

>> No.24301545
File: 44 KB, 604x303, 1604597836923.png [View same] [iqdb] [saucenao] [google]
24301545

>>24301262
(Robert Reich) gonna shove whites in the camps....hahahaha

>> No.24301584

>>24301422
The minimum wage workers aren't the reason productivity's gone up. In fact, they're even less-useful than they were 10 years ago. They should be grateful they're even kept around.

>> No.24301590
File: 400 KB, 1538x2048, 1605339705685.jpg [View same] [iqdb] [saucenao] [google]
24301590

>posting Robert Reich

>> No.24301602

>>24301350
I don't think there's a single Amazon employer who makes $7.25/hr

>> No.24301678
File: 75 KB, 479x640, late stage capitalism.jpg [View same] [iqdb] [saucenao] [google]
24301678

>>24301487

>> No.24301705

>>24301347
You are pretty stupid. Keep defending your masters.

>> No.24301729

>>24301262
>my net worth in 2009:
>-$12000
>my net worth in 2020:
>$50000
My return is even better than Bezos :)

>> No.24301735

Learn to code and you won't be earning shit

>> No.24301742
File: 24 KB, 300x200, antz cringe.jpg [View same] [iqdb] [saucenao] [google]
24301742

>>24301262
>mfw people in the US really think that billionaires got there through hard work and commitment

>> No.24301788

>>24301262
Jeff is based my £30 package never arrived so I talked with his amazon chatbot and they just sent me another one for free

>> No.24301800

>>24301584
Filthy Rich isn't too and product less than a wagie

>> No.24301825

>>24301729
You should switch places with him

>> No.24301842

>>24301800
What the fuck did you just try to say?

>> No.24301888
File: 2.22 MB, 2048x1440, gettyimages-526952672-2048x2048.jpg [View same] [iqdb] [saucenao] [google]
24301888

>Robert Reich

>> No.24301891

>>24301705
>sucks ccp dick
>you stupid
chinks never cease to amaze

>> No.24301965

>>24301729
You are retarded, do the math again.

>> No.24301997

>>24301262
He's right about the gist of this. Middle class wages need raised more than min wage workers. Those people shouldn't reproduce.

>> No.24302016

>>24301888
>>24301262
I love how kikes always take goy billionaire as a reference. Really makes you thing.

>> No.24302024

people like this make me wonder if hitler had a point

>> No.24302059

>>24301788
same but for a 5700xt

>> No.24302092

>>24301888
That a real photo?

>> No.24302127

>>24301445
owned by tankies and crying on biz

>> No.24302142

>>24301997
Minimum wage workers used to be jobs done by teens and college kids. Ever since we flooded ourselves with brown hordes the wages have been stagnant.

The population straight up doubled since the (((Hart Celler))) act.

>> No.24302155
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24302155

>>24301445
'Read a book for once'

>> No.24302167

>>24301262

Big difference between being worth something and actually being able to spend it. A stock market crash could cut his networth in half in a few days or week. It's the exact same idea as people claiming to be worth a million dollars in cryptocurrencies, it needs to be changed from an apple to an orange to be able to do something with it on average. In this case, AMZN stock into US dollars.

>> No.24302209

>>24301262
Proof of what? That he is vastly more intelligent than minimum wage earners and that he has a much higher tolerance to risk. And he doesn't spend every night smoking blunts on his front porch.

>> No.24302301

>>24301487
>wanting to help the middle class is going to lead to murdering homeowners, guys!!!
That right there, guys, is a classic slippery slope fallacy. Corporations and elites are basically gaming the system to get richer, lobbying Congressmen and Senators to do enact legislation that benefits them. You're gullible if you think deregulation and tax cuts are going to effect corporations into reinvesting their profits into their workers. They're just going to keep gaming the system to get even richer. People just want corporations to pay their fair share, and to stop buttfucking the middle class.

>> No.24302349

>>24302301
the poor can die
the middle class can die
you are on /biz/ you retard
you are here to NOT be middle class

>> No.24302360
File: 363 KB, 1392x1704, mutt rig.png [View same] [iqdb] [saucenao] [google]
24302360

>>24301262
Here I made this nice picture, Even Trump will understand this, it has colour text and pictures.

>> No.24302397

>>24302301
>slippery slope fallacy
Slippery slope is not a fallacy, see LGBTQPedos.
The fallacy is using the "slippery slope fallacy".

>> No.24302505
File: 74 KB, 768x552, Reichjp1-jumbo-768x552.jpg [View same] [iqdb] [saucenao] [google]
24302505

>>24302092
Yes

>> No.24302521

>>24301262
Become the spearhead of a solution instead of being a follower then.

>> No.24302668

>>24301445
Educate Yourself is my favorite slogan of the left. They cant even be assed googling the arguments for the opinions the media has jizzed down their throats lmao

>> No.24302736

>>24302167
If he ebm tried to sell a chunk of his shares it would probably crash the price a bit, lucky he doesn't have to since any private bank would extend him any credit he needs with what he has as collateral

>> No.24302996

>>24302301
You're pretending like this EXACT thing didn't happen in the USSR with the Kulaks and in China with the Workers communities and the ((suicides)) of alleged capitalists. Or the actual executions of capitalists.

>> No.24303001

>>24301545
Trump is jewish tho.

>> No.24303061
File: 28 KB, 360x450, Robert_Reich.jpg [View same] [iqdb] [saucenao] [google]
24303061

>>24301262
just a reminder that robert reich is a turbo manlet and this is how he copes.

>> No.24303167

>>24302301
Why do all r*dditors use that fallacy shit in serious conversation? Regurgitating whatever big words you read about in your critical thinking class at your social studies university only makes you look smart to your fellow NPCs, here you're cringe.
Also, faggot, after you're done dilating you'll have to realize that:
1- Bezos doesn't have that money, he started a company and he owns a chuck of it, and that company thus that chunk is worth that much calculated from the price at which the last market transaction happened. Say you have a dildo you tranny piece of shit, say someone pays 100 billion $ for a dildo just like yours, in that instant you've become worth 100 billion $ because your dildo has that market value.
2- Yes, you're low IQ if you want to help the middle class by attacking people like Musk or Bezos, there are bankers worth trillions of $ for which the concept of money doesn't even apply because they make it and control it, they control the media and the entertainement industry and politics too, if you want to help the middle class you'll have to turn on those, they create nothing while Bezos and Musk have made and own companies that are changing the way our world works, and so they deserve that money. Would love to see you faggots reeeeeeee about the Rothschilds or other kikes but as I thought your NPC brain have been programmed to short circuit whenever someone brings this up because your Tranny 1.01 professor told you it was called antisemitism and the 6 trillion.

>> No.24303315

>>24301262
The absolute niggers who say that always have one solution, tax more the ones who eat the 1$ pastas instead of the 0.70$ pastas calling them the bourgeoisie

>> No.24303333

>>24301678
Ironic that you should post this as it only proves his point.
Taking rights away from others only opens everyone else up to human rights abuses.

>> No.24303335

>>24301729
>4x return vs bezos 30x
>better than bezos
>bezos
kys.

>> No.24303481

>>24301262
>Net worth is bad indicator when its all tied to your own company
>Amazon minimum wage is 15$
>Rich getting richer in itself does not hurt the poor, but the envious
>Minimum wage jobs are for the least skilled workers

Whole US system is corrupt and made to hurt the poor, but people keep voting for promises that sound good but make it even worse.

>> No.24304174

>>24301422
So if productivity goes down then salary goes down?

>> No.24304246

Federal minimum wage should be raise desu. Not that I like Robert Reich. $7.25 is not even close to livable. Fortunately most states have higher minimum wages.

>> No.24304248

>>24301742
Smart ones know what compound interest is and that it is 80% of the game of acquiring wealth.

>> No.24304259

How much value did Jeff bezos create for the world between 2009 and today?

it's going to be way more than that small number that he takes home. Fuck yourself

>> No.24304291

>>24302092
Yes he’s only 4’10” I think.

>> No.24304318

>>24301262
Imagine 30xing 6 BILLION DOLLARS HOLY FUCK

>> No.24304365

>>24304318
37% yearly, totally respectable props to the balding roider

>> No.24304382

>>24301262
Federal minimum wage is a meme. Most states have a higher minimum wage and those that don't only pay $7.25 for the absolute most menial low-IQ jobs in the cheapest parts of the country.

>> No.24304386

>>24301735
Based retard.

>> No.24304396

>>24302301
The middle class has been getting buttfucked since the 60s stop acting you’re on some self-righteous side of good posting from the comfort of your home with tech made by a small Asian child in sweatshop. >>24302996 is right, it’s happened before and it can happen again. Every leftist “revolution” is the same...

>> No.24304417

when bootlicker support globalism because their cucked left vs right brain can only think in terms of polarity and it's either bend over for mega corps or you're a commie Lmao

>> No.24304449

>>24304382
Source
>Among those paid by the hour, 542,000 workers earned exactly the prevailing federal minimum wage of $7.25 per hour. About 1.3 million had wages below the federal minimum. Together, these 1.8 million workers with wages at or below the federal minimum made up 2.3 percent of all hourly paid workers.

>> No.24304458

>>24301742
>amazon doesn’t provide any value

>> No.24304466

>>24301262
Who said the economy isnt rigged. But this isnt the shining example. The rigging happens 1. On the assumption that fiat has value, and 2. On the central power over fiat

>> No.24304541

>>24302668
You’re a sheep if you think this is just a problem on the left.

>> No.24304557

>>24302301
It's the government that is fuucking the middle class. We've created a government we cannot afford.
I am talking mostly about all the opportunities that they destroy, but there's also the salaries and benefits of all the government workers and it is astounding if you've never looked into it.

https://pastebin.com/20uxpgVg

>> No.24304642

>>24302301
>Corporations and elites are basically gaming the system to get richer, lobbying Congressmen and Senators to do enact legislation that benefits them.
Yes. Government is a leech, yet socialists want everything to be controlled by the government? Look at public schools, traffic jams, USPS, etc. At how shit of a job government does when it owns factors of production.
>You're gullible if you think deregulation and tax cuts are going to effect corporations into reinvesting their profits into their workers.
I don't care what corporations do with their profits, tax cuts are simply less money for the government to waste kek. There is no fair share of tax, because TAXATION IS THEFT

>> No.24304796

>>24304557
>there's also the salaries and benefits of all the government workers and it is astounding if you've never looked into it.
This is the biggest problem, far bigger than just your average crackhead welfare user. People paid one std dev about the mean to sit in an office with absolute job security and a top-tier pension.

>> No.24305089

>>24304642
USPS made me realize the government can’t handle shit. Every single postal worker I’ve met has been an insufferable cunt. Every single one.

>> No.24305670

>>24304458
by destroying small business?

>>24304796
also all the contractors they hire. giving contracts to companies they have a stake in etc

>> No.24305733

>>24303001
As an actual Jew, I can say with 100% certainty that Trump is not Jewish

>> No.24305963

>>24302349
You will remain in the middle class for the rest of your life.

>> No.24306047
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24306047

>>24301545
Keep pushing

>> No.24306087

>>24305963
jokes on you I am already poor

>> No.24306145

>>24301262
This is like one of those obviously incorrect answers on a standardized test with analogies.

>> No.24306222

>>24305733
Uh...based

>> No.24307008

>>24303167
basically this

>> No.24308159

>>24301487
>Where is the EAT THE RICH line going to be drawn?
"everyone richer than me" says the communists

>> No.24308207
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24308207

>EAT THE FUCKING RICH

>> No.24308304

>>24301888
holyshit what a manlet
no wonder he's so pissed at everyone

>> No.24308308 [DELETED] 
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24308308

>>24301729
you could say your gains are... unreal

>> No.24308395
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24308395

>>24301262
>you need any more proof?

No, I always knew reddit is pure cancer