Why don’t we have a maximum wage? Asking that question is another way of asking why some people can rake in millions while others struggle to earn enough
I was thinking about this the other day, one of my favorite analogies is seconds.
A million seconds is 12 days.
A billion seconds is 31 years.
A trillion seconds is … 31,688 years.
The analogy already breaks down, because while most people could understand 12 days and a lot of adults can understand 31 years for having lived it (some even twice or more!), 31,688 years is completely incomprehensible again. How many human generations is that? All of recorded human history is only like 5,000 years. It’s utterly, mind-numbingly insane. No trillionaires, ever! No billionaires!!!
This was published on September 17th of this year, after most of the nonsense of Twitter and utter things. He’s still on track, by 2027 no less. There’s no telling how directly and flagrantly he’ll benefit from a Trump win, either.
My favorite is “do you know the difference between a millionaire and a billionaire? About a billion dollars”
Like, being a millionaire is a pretty sweet spot to be in if you’re lucky enough. Not quite like a millionaire of decades ago but still good. But if you’re a billionaire, a million dollars is basically a rounding error.
I think the best way I’ve seen to illustrate it is the stories of immortals earning incredible amounts of money every day who still can’t reach the wealth of Elon Musk.
Like, you’re an immortal born during the ice age 80,000 years ago. You are somehow making $5000 per day (or its equivalent in gold for the 79,700 years before dollars are invented, and you save all of it. You’re not as rich as Elon Musk.
I was thinking about this the other day, one of my favorite analogies is seconds.
A million seconds is 12 days. A billion seconds is 31 years. A trillion seconds is … 31,688 years.
The analogy already breaks down, because while most people could understand 12 days and a lot of adults can understand 31 years for having lived it (some even twice or more!), 31,688 years is completely incomprehensible again. How many human generations is that? All of recorded human history is only like 5,000 years. It’s utterly, mind-numbingly insane. No trillionaires, ever! No billionaires!!!
https://www.cnn.com/2024/09/17/business/elon-musk-richest-person-trillionaire/index.html
This was published on September 17th of this year, after most of the nonsense of Twitter and utter things. He’s still on track, by 2027 no less. There’s no telling how directly and flagrantly he’ll benefit from a Trump win, either.
My favorite is “do you know the difference between a millionaire and a billionaire? About a billion dollars”
Like, being a millionaire is a pretty sweet spot to be in if you’re lucky enough. Not quite like a millionaire of decades ago but still good. But if you’re a billionaire, a million dollars is basically a rounding error.
I think the best way I’ve seen to illustrate it is the stories of immortals earning incredible amounts of money every day who still can’t reach the wealth of Elon Musk.
Like, you’re an immortal born during the ice age 80,000 years ago. You are somehow making $5000 per day (or its equivalent in gold for the 79,700 years before dollars are invented, and you save all of it. You’re not as rich as Elon Musk.
Use milliseconds instead: a million milliseconds is 17 minutes, a billion milliseconds is 12 days, a trillion is 31 years.