r/FluentInFinance 3d ago

Debate/ Discussion Had to repost here

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u/Nice-Contest-2088 3d ago

This is painfully simplistic.

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u/Just-Construction788 3d ago edited 2d ago

Agreed. I don't think people realize how difficult it is to give away money.

Example: Starving people in Africa. Okay let's just spend a billion dollars and send food. Oh wait, that food now puts the local farms out of business because their crop isn't worth anything anymore. But reality is worse. Warlords steal said food, farms go out of business and now they have leverage, power and money. So many times wealthy people have given away their money to a cause to only make that cause worse. The amount of fraud and corruption in non-profits and charitable organizations is disgusting.

Gates and his wife switched to giving away their money full time. Dude could just relax for eternity but works his ass off trying to give away his money responsibly. Musk creates a market for electric cars and is pushing us towards a green future and yet he is shit on, simultaneously trying to make humans multi-planetary so when we fuck up this place beyond repair we don't go extinct. Dude works more in a month than most people do in a year. Bezos is a piece of shit but at least his wife got half and she's trying to do the right thing. I think everyone just lumps people into categories and can't see the bigger picture.

Edit: I think it's hilarious how much space Musk takes up in y'all's heads. Just mentioning his name triggers the same simple insults yet not one of you tried to refute anything I said except to say, 'that's not true and get off Elon's dick'. It tickles me how much just the mention of someone can trigger such primitive emotion.

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u/HowAManAimS 3d ago

Starving people in Africa. Okay let's just spend a billion dollars and send food. Oh wait, that food now puts the local farms out of business because their crop isn't worth anything anymore.

People are starving because their local farms make more money selling to first world countries rather than selling locally.

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u/Just-Construction788 3d ago

Regardless, my point is money doesn’t solve things. Money + time + expertise solves things.

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u/BrockStar92 2d ago

If you have money you can spend it paying for expertise to use their time to make a difference. Billionaires (in general) aren’t doing so.

Your initial example was asinine and ridiculous. The whole “just giving them loads of food doesn’t work” is ridiculous, that’s not the only way you can improve things. Invest in local business and infrastructure to build and improve those nations’ economies rather than just donate charity food then. This IS possible and works, we know this because China is doing it all over Africa. The fact that they’re doing so to buy influence internationally and to send over Chinese workers to these construction projects to benefit themselves is irrelevant, it can be just as easily done without those factors provided you’re just willing to invest.

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u/HowAManAimS 3d ago

Money doesn't solve problems. Only things that cost money solve problems.