Post #1282654

2026-04-12 17:58 UTC

The above plot uses starting principals from $1,000 to $1,000,000, the latter being roughly equivalent to the "meager" sum Jeff Bezos was handed to him by his parents to start hawking books out of their upper middle class home garage. The plot also uses a conservative 4% investment growth that is typically used for conservative retirement planning. Under all of these scenarios, and even after 100 years no one becomes a billionaire. The one with the largest beginning principal grows the fastest and reaches over $50 million. Still, that is only one twentieth of a billionaire.

Replies (1)

@Brad_Rosenheim@climatejustice.social 2026-04-12 18:04

I cannot show you the replies. The Bootlicker Brigade was so strong in my community that my posts pointing this out have been removed for somehow breaking the Next Door guidelines. I hate that site. However it gets me in front of a representative slice of the people in my community, and shows me how much work needs to be done to win an election with a truly progressive platform. Basic reason, when it goes against one's works view, can elicit a defensive response, even when we think we have a common enemy, a common source of many of our problems.

Open ##1282655