Doug Holland@lemmy.worldM to AMUSING, INTERESTING, OUTRAGEOUS, or PROFOUND@lemmy.worldEnglish · 4 days agoThis isn't 'Right vs Left'lemmy.worldimagemessage-square173fedilinkarrow-up11.38Karrow-down133
arrow-up11.34Karrow-down1imageThis isn't 'Right vs Left'lemmy.worldDoug Holland@lemmy.worldM to AMUSING, INTERESTING, OUTRAGEOUS, or PROFOUND@lemmy.worldEnglish · 4 days agomessage-square173fedilink
minus-squareAlloi@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-23 days agothat seems like a pretty small number, even if its based on networth. we can do much better than that.
minus-squaregandalf_der_12te@discuss.tchncs.delinkfedilinkEnglisharrow-up1·2 days agodon’t forget that 3% annually over 20 years is still something like almost 60%. actually a little bit less if you consider how exponential functions work, it’s actually exp(-0.6) ≈ 0.5, so it’s closer to 50% but still good.
minus-squareAlloi@lemmy.worldlinkfedilinkEnglisharrow-up2·2 days agoim firmly in the camp that billionaires simply shouldnt exist, hence my position, but i get what you’re getting at lol. gotta start somewhere.
that seems like a pretty small number, even if its based on networth. we can do much better than that.
don’t forget that 3% annually over 20 years is still something like almost 60%.
actually a little bit less if you consider how exponential functions work, it’s actually
exp(-0.6) ≈ 0.5, so it’s closer to 50% but still good.im firmly in the camp that billionaires simply shouldnt exist, hence my position, but i get what you’re getting at lol. gotta start somewhere.