Billionaires Made So Much Money Last Year They Could End Extreme Poverty 7 Times (user search)
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  Billionaires Made So Much Money Last Year They Could End Extreme Poverty 7 Times (search mode)
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Author Topic: Billionaires Made So Much Money Last Year They Could End Extreme Poverty 7 Times  (Read 2748 times)
Ban my account ffs!
snowguy716
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« on: February 18, 2018, 12:54:27 AM »

Money is currency.. power... if they directed their money at producing poverty alleviating implements (infrastructure in poor places, better food production and distribution, education, etc) then that's great.

But the way we measure wealth is kinda flawed.  We just assign numbers to people.  Always remember we are really only worth what we actually produce as a species and where that produce goes shows how efficient we are.

It's obvious we can't all be billionairies tomorrow unless we just worthlessly inflate the number of our money.

So this statistic is mostly pointless, even if inequality is incredibly more than it should be.  We should focus on actual poverty reduction like ensuring proper nutrition, shelter, and education opportunities to the poorest among us.
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Ban my account ffs!
snowguy716
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Austria


« Reply #1 on: February 18, 2018, 02:55:39 PM »

Extreme poverty could be eliminated with the equivalent of giving a billion people 30 cents per day?   That's impressive if true.
When you already live on $1/day... a 30% increase would be a huge boon.  especially if some of that money is pooled and spent on increasing food, education, and infrastructure.

But, knowing you, you wouldn't get that through your thick skull.
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Ban my account ffs!
snowguy716
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Posts: 22,632
Austria


« Reply #2 on: February 19, 2018, 12:00:10 AM »

Extreme poverty could be eliminated with the equivalent of giving a billion people 30 cents per day?   That's impressive if true.
When you already live on $1/day... a 30% increase would be a huge boon.  especially if some of that money is pooled and spent on increasing food, education, and infrastructure.

But, knowing you, you wouldn't get that through your thick skull.

You are confusing short term and long term solutions, meanwhile assuming everyone under the definition of extreme poverty is right under the line (and not living on, say, 40 cents/day).  Glad stupid ol me could be here to point that out to your unparalleled brilliance.

If you don't have anything informed to say, don't pretend you know what you are talking about just to try to make some lame insult.
lol.... smh

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Ban my account ffs!
snowguy716
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Posts: 22,632
Austria


« Reply #3 on: February 20, 2018, 12:35:34 PM »

That’s 2 lame insults and nothing informed about the topic from you!  You should take your own advice, Shua.
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