"trader_4" wrote in message
...
On Saturday, November 9, 2019 at 9:15:39 PM UTC-5, rbowman wrote:
On 11/09/2019 01:53 PM, Wade Garrett wrote:
On 11/9/19 4:27 AM, Roscoe wrote:
Bernie or Liz I think asked that and it got me thinking. A billion
is a thousand thousands. Does anyone really need to be a billionaire?

If the rich didnt create all that wealth-€“ who would the liberals take
it from?


If the wealth is derived from trading in repos, where did it come from?

From performing an economic service.


If the wealth came from manufacturing and selling umbrellas, where did
it come from?

You can't be that stupid.



If a person made a billion selling umbrellas, maybe the
umbrellas are a little overpriced?

If they are overpriced then people would be buying the competitors
umbrellas. Free markets see to that.

Its more complicated than that with the produce of a simple product
like that being able to produce a billionaire in the hands of some with
their competitors not able to achieve that sort of result. Quite a bit of
the time its as simple as producing a better product that appeals to
more than their competitors were able to do. Most obviously with
Coca Cola and Pepsi etc compared with the vast number of others
who also produced similar products. Same with McDs and Walmart,
all of which did better than the competition in very competitive industrys.