Is there such a thing as Too Much Money?

[hermosabeach]

I’m so glad the US became oil independent



Petro Dollars can do a lot

The Crescent Moon Towers in Cancer

The Crescent Moon Towers in Cancer. Astrology and Architecture: on the astrogeographical positions of two architectural design projects in Dubai and Baku

astrologicalworldmap.com

 

[pmclaine]

If you have ANY money......Communists are convinced you have too much money.

 

[Maggot]

Looks pretty cool to me but then I also like...

 

[sirhrmechanic]

Many years ago, Warren Buffet was speaking in front of a group of high school students.

When he asked for questions, one of the students said "Mr. Buffet, does having a ton of money make you an asshole?"

Buffet paused and thought about the answer.

His response always resonated with me... he said: "Money lets you be more of whatever you are to begin with. If you are a good person, money lets you do a tremendous amount of good through your life. With money you can help people and make others' lives better. For a good person, money lets you do more good. But if you are an asshole to begin with? Money just makes you a really big asshole."

I thought that was a pretty good response.

Too bad so many of today's zillionaires (including Warren Buffet, recently) have just become James Bond villains. Wanting to impose their view of 'good' on the world. Whether people want it or not. Everyone's idea of good is not the same. Seems, these days, like their idea of doing good is taking care of the world... who isn't smart enough to go to Harvard. Because they might hurt themselves with their guns and bibles and SUV's and sharp objects.

But, I digress. No. You can't have too much money. You can just be an asshole... and a rich asshole. And a paternalistic asshole. And if you are any of those, a bit of money makes you a James Bond villain.

Sirhr

 

[Redmanss]

It was never built, and not planned to be started now either. Just another ambitious artists' rendering.

But Dubai and other places in the world do have some incredible architecture. Makes most of our shit, with few exceptions, look like they were built with Legos.

 

[mdmp5]

And people here talk about an asymmetric distribution of wealth in our country. How many people is all the wealth in Emirates and Saudi Arabia split by? Maybe a few hundred guys? It’s like you either own a jet or you have practically nothing. No grey zone (middle class).

 

[candyx]

Originally rich people in the past used their wealth to build railroads , buildings , Hospitals and businesses that where good for society. Todays wealth is way beyond what rich people had in the past. Today's wealth is deadly to society as in the George Soros types of the world creating conflicts ,riots and radical groups that are anti society. When you are predisposed to be a asshole and you have billions which also makes you delusional in your world because there is nothing you can't have and nothing that can stop you from imposing your will onto others.
These types should be removed from their wealth totally and mostly likely their heirs due to they have the same DNA to be a predisposed asshole. Leave with $100.00 enough for them to start over again.

The good should be treated in the same fashion if they want to impose their money to make changes to society then society should have the right to either accept or reject the proposed change. The good if they acknowledge the choice of society can be on their merry way with their money if rejected.

What's strange is that society doesn't use the system of checks and balances to control the power of wealth.

 

[EddieNFL]

How much is too much? Ask a Biden, a Sanders, a Warren, a candyx (you get the drift) that question. Not that would give a direct answer, but any amount more than what they have is too much.

 

[Jscb1b]

I'm a poor asshole.

 

[pmclaine]

It's within our grandparents lifetimes that "the rich" were taxed up to 90% or some such number.

That's nuts.

I think "the rich" currently pay a huge amount of cash but proportionally it is not equal to that the middle class pays and of course some 49% pay none.

The middle class is feeling the most pain of the burden and the current situation allows "the rich" to get richer.

I don't believe in class warfare.

I have the same opportunities just not the talent or ability.

The problem is the government.

The lobbyist has forced rules that pick winners and losers as well unbalance the distributions.

On the back of that govt has been on a drunken spending spree that requires more and more fuel so there is more pressure to inflate that tax taking by creating short term profit at the threat to long term stability.

Look at that recent video posted concerning new cruise ships being scrapped because in the age of Covid its better business sense to scrap the liability with China causing steel prices to be high as they modernize their infrastructure.

Infrastructure is good public spending because it provides a good middle class skilled job and we get the benefit of a bridge.

Trump is pushing for an infrastructure bill yet our bought Chinese Communists are preventing it.

We could all have "a lot of money" we were going there until March 2020.

Money is not the problem, government is the problem, and that includes the NGO Masters of the Universe - unelected, unaccountable assholes that want to enslave and push you around.

 

[clcustom1911]

And people here talk about an asymmetric distribution of wealth in our country. How many people is all the wealth in Emirates and Saudi Arabia split by? Maybe a few hundred guys? It’s like you either own a jet or you have practically nothing. No grey zone (middle class).

But, it's different when they do it though.

 

[Mister Ridge]

I haven't watched the video but yes, it's possible to have too much money.

 

[clcustom1911]

I haven't watched the video but yes, it's possible to have too much money.

No, it's not possibleto have too much in private ownership. Too much money according to what standards?

The government has too much of my money already. That they never asked to have, and I am forced to give it to them by threat of force or imprisonment. Is that fair?

 

[CSGambill]

So I think this thread topic warrants at least a nod to Francisco d'Anconia's money speech from Atlas Shrugged.

"Francisco's Money Speech" by Ayn Rand | Capitalism Magazine

"So you think that money is the root of all evil?" said Francisco d'Anconia. "Have you ever asked what is the root of money?"

www.capitalismmagazine.com

A little lengthy, but worth the read.

 

[thestumper]

There is no such thing as "too much money". The notion itself implies that there is some pre-determined, fixed amount of wealth and that no additional wealth can be created, and that someone has more than "their fair share". Wealthy people don't keep their money in a mattress - it's invested and creating opportunity for others. Without that investment, there's no success. The Soviets and pretty much every Marxist/Socialist/Communist regime can attest to that. The government doesn't have any money that it doesn't confiscate from citizens - when that runs out, the party ends. Then they start looking for people to blame, and thats when the real ugliness starts. You can have a society with winners and losers, or you can have a society with only losers. A society with only winners isn't possible - genetics and free will ensure that. The best you can do is try to minimize the losers, but society will never be devoid of them no matter how much theory one reads.

To be certain, there are too much of some things:

- Influence
- Free time
- Resentment
- Guilt
- Greed
- Ignorance
-Ideology
- Arrogance
- Stupidity

The list goes on and on. Any one (or more) of the above coupled with copious amounts of money typically creates problems.

 

[Rthur]

Money is only a tool.
Like other tools it can be used for good or bad.
The amount determines the amount of either that can be achieved.

R

 

[Bigfatcock]

My thoughts on money.

 

[vinniedelpino]

Yeah, a person can have too much money. Case in point- the Sultan of Brunei. 500 rolls royces, tigers, a 150 foot yacht named "tits" and a 50 acre palace. That's the building, not the land. And that's just one of his "houses."

I wouldn't advocate government restrictions on anyone's ability to generate income and build wealth, but at some point, on a personal level.... a man knows when enough is enough. The greater good trumps the need for a 478th rolls royce.

I can't bring myself to respect a man like that.

 

[918v]

It was 90% but nobody was paying that much. They were paying whatever they pay today. The difference was in the write offs.

The more you write off the more you make yourself vulnerable to criminal problems. That’s how they get and control the rich.

That’s why they will never go for a flat tax. No write offs, no control.

 

[clcustom1911]

Yeah, a person can have too much money. Case in point- the Sultan of Brunei. 500 rolls royces, tigers, a 150 foot yacht named "tits" and a 50 acre palace. That's the building, not the land. And that's just one of his "houses."

I wouldn't advocate government restrictions on anyone's ability to generate income and build wealth, but at some point, on a personal level.... a man knows when enough is enough. The greater good trumps the need for a 478th rolls royce.

I can't bring myself to respect a man like that.

I don't respect them either. But respect has nothing to do whether they have too much money or not. They are gaudy trash. Thats not a money problem, thats a human problem.

 

[Nik H]

Life is like a shit sandwich.....the more bread you have....the less shit you eat.

All you need is Fuck You money...varies by person.....once you're there....you're home free

And you can buy more ammo regardless of the price if you choose too

 

[vinniedelpino]

I don't respect them either. But respect has nothing to do whether they have too much money or not. They are gaudy trash. Thats not a money problem, thats a human problem.

I guess we need to define what "too much money" means.

If a guy is 600lbs I'd say he eats too much food. There's an argument to be made that he doesn't eat too much, he just doesn't burn enough of those calories. Or that the food isn't the problem, it's his thyroid. Maybe I'm not phrasing things correctly.

Some people can never have too much money if they're sensible with it. I guess it depends on the individual.

 

[Nik H]

Sensible defined

The position of fuck you

Once you get it, you get it

 

[vinniedelpino]

Sensible defined

The position of fuck you

Once you get it, you get it

The movie kind of sucked, but that speech should be shown in high schools everywhere.

 

[Nik H]

The movie kind of sucked, but that speech should be shown in high schools everywhere.

Agree wholeheartedly

 

[oneshot86]

It's within our grandparents lifetimes that "the rich" were taxed up to 90% or some such number.

That's nuts.

I think "the rich" currently pay a huge amount of cash but proportionally it is not equal to that the middle class pays and of course some 49% pay none.

The middle class is feeling the most pain of the burden and the current situation allows "the rich" to get richer.

I don't believe in class warfare.

I have the same opportunities just not the talent or ability.

The problem is the government.

The lobbyist has forced rules that pick winners and losers as well unbalance the distributions.

On the back of that govt has been on a drunken spending spree that requires more and more fuel so there is more pressure to inflate that tax taking by creating short term profit at the threat to long term stability.

Look at that recent video posted concerning new cruise ships being scrapped because in the age of Covid its better business sense to scrap the liability with China causing steel prices to be high as they modernize their infrastructure.

Infrastructure is good public spending because it provides a good middle class skilled job and we get the benefit of a bridge.

Trump is pushing for an infrastructure bill yet our bought Chinese Communists are preventing it.

We could all have "a lot of money" we were going there until March 2020.

Money is not the problem, government is the problem, and that includes the NGO Masters of the Universe - unelected, unaccountable assholes that want to enslave and push you around.

damn straight

 

[Waorani]

 

[Laseredge]

I’m old enough to remember in the early 1960’s when Jed Clampett was incredibly rich, and was worth 7-9 million dollars. In the late 1960’s a tricked out Dodge Charger cost @$3000.

 

[cast1]

So I think this thread topic warrants at least a nod to Francisco d'Anconia's money speech from Atlas Shrugged.

"Francisco's Money Speech" by Ayn Rand | Capitalism Magazine

"So you think that money is the root of all evil?" said Francisco d'Anconia. "Have you ever asked what is the root of money?"

www.capitalismmagazine.com

A little lengthy, but worth the read.

Exactly what I was thinking.

 

[Nik H]

I’m old enough to remember in the early 1960’s when Jed Clampett was incredibly rich, and was worth 7-9 million dollars. In the late 1960’s a tricked out Dodge Charger cost @$3000.

Money to me is nothing more than a means to an end. If people actually thought about the "real buying power" of money....there would be lots of pitchforks and torches descending on DC.

Real wages have done nothing but fallen throughout my lifetime. Most people believe that as long as there is plastic life is good.....that is not money and neither is net value of your personal residence.

Net investible worth is what counts. The Benjamins baby!!

 

[Son of Dorn]

Yes, there is, at least from the standpoint where you keep shitting out banknotes without backing them up with gold/silver/whatever. Happened before, once upon a time in Germany: https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

 

[clcustom1911]

I guess we need to define what "too much money" means.

If a guy is 600lbs I'd say he eats too much food. There's an argument to be made that he doesn't eat too much, he just doesn't burn enough of those calories. Or that the food isn't the problem, it's his thyroid. Maybe I'm not phrasing things correctly.

Some people can never have too much money if they're sensible with it. I guess it depends on the individual.

So, in other words, what you're saying is there is no such thing as too much money?

 

[clcustom1911]

Yes, there is, at least from the standpoint where you keep shitting out banknotes without backing them up with gold/silver/whatever. Happened before, once upon a time in Germany: https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

Thats a government problem, not an individual wealth problem.

Government money problems always effect everyone.

 

[vinniedelpino]

So, in other words, what you're saying is there is no such thing as too much money?

If it has to be black and white, then sure. I don't see much value in dealing in absolutes though. Context is important.

 

[norcalAF]

Many years ago, Warren Buffet was speaking in front of a group of high school students.

When he asked for questions, one of the students said "Mr. Buffet, does having a ton of money make you an asshole?"

Buffet paused and thought about the answer.

His response always resonated with me... he said: "Money lets you be more of whatever you are to begin with. If you are a good person, money lets you do a tremendous amount of good through your life. With money you can help people and make others' lives better. For a good person, money lets you do more good. But if you are an asshole to begin with? Money just makes you a really big asshole."

I thought that was a pretty good response.

Too bad so many of today's zillionaires (including Warren Buffet, recently) have just become James Bond villains. Wanting to impose their view of 'good' on the world. Whether people want it or not. Everyone's idea of good is not the same. Seems, these days, like their idea of doing good is taking care of the world... who isn't smart enough to go to Harvard. Because they might hurt themselves with their guns and bibles and SUV's and sharp objects.

But, I digress. No. You can't have too much money. You can just be an asshole... and a rich asshole. And a paternalistic asshole. And if you are any of those, a bit of money makes you a James Bond villain.

Sirhr

Money is like booze, it reveals the inner person

 

[HousePlant]

You can't have too much money. You can have too many people aware that you have money, though.

 

[Son of Dorn]

Thats a government problem, not an individual wealth problem.

Government money problems always effect everyone.

Indeed. As far as individual wealth goes, nope, no such thing.

 

[Vodoun daVinci]

My brother and his wife are both doctors and the two of them have amassed a tremendous amount of personal wealth and affluence. I can't stand to be around them anymore (nor can any of their family/kids) because they are arrogant condescending pricks who think they are self made millionaires and smarter and harder working then anyone else. They are smart hard working people. They are not God. Their staff and assistants made them rich but they take all the credit.

Too much money and I knew them both when they were wonderful hard working and giving, nurturing people and loved their kids....then they left them with anyone who would keep them for a week or two and went on expensive vacations during the holidays and the only conversation around their dinner tables were about money and how to make more. Neither one of their grown children will now allow them to see their grandkids because they don't want them instilling that value System in young kids.

Too much money is way worse than not enough....my Wife was raised in poverty and can't stand them as they have now become. They don't get it. I lost my brother to money....

VooDoo

 

[texastonk]

That amount is different for everyone and should be up to them to say when.

Enough money for me is when I have so much of it that my great grandkids couldn’t spend it all. Anything after that the poors can fight over.

 

[lariat]

There is such a thing as not enough character to handle the wealth. I have often thought that there are limits to each persons abilities to handle success; some can handle a huge amount of it but others cant even be the leader of a two-team janitor crew.

AKA: maturity

 

[claybrich]

Money brings me happiness. Money buys me guns and ammo. Guns and ammo brings me happiness. So money brings happiness.

 

[EddieNFL]

My brother and his wife are both doctors and the two of them have amassed a tremendous amount of personal wealth and affluence. I can't stand to be around them anymore (nor can any of their family/kids) because they are arrogant condescending pricks who think they are self made millionaires and smarter and harder working then anyone else. They are smart hard working people. They are not God. Their staff and assistants made them rich but they take all the credit.

Too much money and I knew them both when they were wonderful hard working and giving, nurturing people and loved their kids....then they left them with anyone who would keep them for a week or two and went on expensive vacations during the holidays and the only conversation around their dinner tables were about money and how to make more. Neither one of their grown children will now allow them to see their grandkids because they don't want them instilling that value System in young kids.

Too much money is way worse than not enough....my Wife was raised in poverty and can't stand them as they have now become. They don't get it. I lost my brother to money....

VooDoo

I know a fellow who was very well off. Nice guy, but he lost everything. Now he's an ass.