At the highest minimum wage in the world (Denmark @ USD$44,252/year), it would take just under 22,598 years to earn (11.2 Jesuses-ago)
If a Dane earning min wage were to work 24 hrs/day non-stop, it would take them just under 4,977 years to earn (2.46 Jesuses-ago).
Billionaires have all that money even after their expenses. It’s their “savings account”, but their savings account makes much more interest than ours because they are actually invested in the market. If they need money beyond their regular pay, they use their investments as collateral for loans with interest rates lower than investment returns. They’re making money even if they are spending it.
A billion dollars is never “a bit greedy”. It is always a failure of the system to regulated exorbitant wealth through effective taxation and fair market economic policy.
When did I compare those two things as being equally as bad? What the hell is with this black and white stance in my replies, absolutely wild to see people defending a man owning 1 billion dollars in yachts.
Being a bit greedy =/= Killing millions of people through death panels
Huge difference
Nobody becomes a billionaire by being “a bit greedy”
One billion dollars is an insane amount of money.
Reminder, 1 billion dollars is:
Billionaires have all that money even after their expenses. It’s their “savings account”, but their savings account makes much more interest than ours because they are actually invested in the market. If they need money beyond their regular pay, they use their investments as collateral for loans with interest rates lower than investment returns. They’re making money even if they are spending it.
Wealth is not money.
Point being?
They do in any advanced economy…
But steam don’t tax plebs like housing, health, and education does
A billion dollars is never “a bit greedy”. It is always a failure of the system to regulated exorbitant wealth through effective taxation and fair market economic policy.
When did I compare those two things as being equally as bad? What the hell is with this black and white stance in my replies, absolutely wild to see people defending a man owning 1 billion dollars in yachts.
Isn’t the Steam business model to charge less than everyone else though?
That seems like the exact opposite of greedy.
30%, same as apple, gog and… Well epic takes less then 15, microsoft takes even less, itch also takes less (unclear to me if 10% or set your own).
Anyway steam is only good for game makers because it is steam. Financially that is, because it is the biggest.
Edit: Itch default is 10%, but you can set it to 0% or even up to 100% if you want.
But forces you to stick with the Epic platform for a year; bad for gamers, IMO.
Which is why I don’t use Epic. GoG and Steam all the way, baybee!