Why is There a Negative Stigma about Rich People?

[Guru]

some rich people r good alot r bad.

rich people make the economy go round; po people don't

a sad fact that i've come to realize

 

[Yeet Infection]

rich people make the economy go round; po people don't

What drives the economy is the "po people you're looking down at". I can break down basic economics for you if you want.

 

[NSSVO]

It's like when us short nikkas talk shyt on tall people. There's nothing really in it except a little bit of jealousy.

 

[iFightSeagullsForBread]

Bootlicking ass thread

 

[Guru]

What drives the economy is the "po people you're looking down at". I can break down basic economics for you if you want.

I'm not looking down on anybody; I'm prolly the brokest nikka on this board but i'm stating FACTS

people of any significant amount of wealth tend to have most of that wealth in investments, in companies, businesses, etc. In other words, most of their wealth is serving the economy in some way or is involved in economic activity which supports people other than themselves (in whatever small way) to which they are awarded with the possibility of a return on investment (or not).

Rich people are not Scrooge McDuck, diving into piles of money. That money is being used to some useful purpose due to its ability to increase the supply of investment capital, which in the long run gives much greater economic growth than the short-sighted focus on increasing consumption at all costs.

NOW stop hating on rich people and get your money up G

 

[FLASH]

Perhaps because peeps see rich people as a mirror of what they could have been if they have made the right choices in life (talking about self made ones, not them trust fund babies) This brings on feelings of bitterness which lead to them painting a negative picture around rich people in order to feel better about themselves

 

[Guru]

Bootlicking ass thread

explain yourself

 

[Yeet Infection]

people of any significant amount of wealth tend to have most of that wealth in investments, in companies, businesses, etc. In other words, most of their wealth is serving the economy in some way or is involved in economic activity which supports people other than themselves (in whatever small way) to which they are awarded with the possibility of a return on investment (or not).

Rich people are not Scrooge McDuck, diving into piles of money. That money is being used to some useful purpose due to its ability to increase the supply of investment capital, which in the long run gives much greater economic growth than the short-sighted focus on increasing consumption at all costs.

NOW stop hating on rich people and get your money up G

You're sounding mad dikk-riderish.

The fundamental law of capitalism is: When workers have more money, businesses have more customers. Which makes middle-class consumers , not rich business people, the true job creators. A thriving middle class isn’t a consequence of growth, a thriving middle class is the source of growth and prosperity in capitalist economies.

Rich People Investing in capital gains assets doesn't serve to bolster our economy or improve consumer confidence. It just makes things like housing more expensive.

 

[NotAnFBIagent]

rich people make the economy go round; po people don't

a sad fact that i've come to realize

Poor people do majority of the work

 

[TLR Is Mental Poison]

Same reason there's a stigma about attractive/sexually successful people

Pure jealousy

@ dedicating your time, energy and emotions into fuming over someone being richer/more attractive than you :biggapls:

 

[Guru]

You're sounding mad dikk-riderish.

The fundamental law of capitalism is: When workers have more money, businesses have more customers. Which makes middle-class consumers , not rich business people, the true job creators. A thriving middle class isn’t a consequence of growth, a thriving middle class is the source of growth and prosperity in capitalist economies.

Rich People Investing in capital gains assets doesn't serve to bolster our economy or improve consumer confidence. It just makes things like housing more expensive.

You may have misunderstood me, I wasn't claiming that everything works out fine, but that most money belonging to wealthy people is involved in some kind of economic activity rather than being hoarded. I wasn't making claims about the correctness of certain investments.

You're understanding it correctly, but the people that say that rich people hoard their wealth don't see it this way. They think the rich person is just sitting on the cash in their bank accounts and is not investing (i.e. spending) it like the economy needs.

Then in turn these very same people end up hating on people who invest in companies that provide them the (middle class) with jobs

 

[Guru]

Poor people do majority of the work

No they don't

 

[Black White Sox Hat]

It's hard out here on these rich folks

 

[Yeet Infection]

You may have misunderstood me, I wasn't claiming that everything works out fine, but that most money belonging to wealthy people is involved in some kind of economic activity rather than being hoarded. I wasn't making claims about the correctness of certain investments.

You're understanding it correctly, but the people that say that rich people hoard their wealth don't see it this way. They think the rich person is just sitting on the cash in their bank accounts and is not investing (i.e. spending) it like the economy needs.

Then in turn these very same people end up hating on people who invest in companies that provide them the (middle class) with jobs

That's not why most poorer people hate rich people. They mostly hate them due to jealousy, not the economic factors I laid out.

 

[Yeet Infection]

No they don't

Yes they do. Do you understand how an capitalist economy works?