To a certain extent I'm sure much of that is true but at what point are you only lining your own pockets and not contributing anything? Jeff Bezos has made billions more dollars in the last few years then he had several years ago and those jobs have already been created. All of that extra wealth that he has is doing nothing but making him richer. He started a company and expanded it and now he just makes billions on his billions creating more money supply and trapping it in his own personal accounts.

By the way, governments can also create jobs with money. Honestly Elon Musk owes a lot to the United States taxpayers

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Posted by RogerTheShrubber

Juneau, AK

Member since Jan 2009

261454 posts

Posted on 3/16/24 at 11:55 am to Tigertuxedo

quote:
Youre creating wealth, which is used to create jobs do other things in the economy.

To a certain extent I'm sure much of that is true but at what point are you only lining your own pockets and not contributing anything?

Hey man, have a good day. Youre being cordial, but based on this reply theres not much I can say to help.

Thats just not how the real world works.

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Posted by SlowFlowPro

Simple Solutions to Complex Probs

Member since Jan 2004

423365 posts

Posted on 3/16/24 at 11:56 am to Tigertuxedo

quote:
e but at what point are you only lining your own pockets and not contributing anything?

When the value of the company suffers.

You know what magic happens when this occurs? The value of the company...suffers. That decrease negatively affects the wealth of the major stock owners (including the founder) at the same rate. If founders don't keep their company going and advancing, they will suffer.

Markets

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Posted by Antonio Moss

Baton Rouge

Member since Mar 2006

48329 posts

Posted on 3/16/24 at 12:02 pm to Tigertuxedo

quote:
Jeff Bezos has made billions more dollars in the last few years then he had several years ago

Bezos doesn’t really “make billions a year” - at least not like you are presenting it. His wealth is fundamentally tied to value of Amazon and as that value increases year to year, so does his wealth. He didn’t receive a bunch of billion dollar income checks last year and park them in a a checking account.