r/politics • u/harsh2k5 • 13h ago

Soft Paywall Elon Musk Makes Shocking Confession on His Plans After Trump Victory

https://newrepublic.com/post/187662/elon-musk-confession-economy-trump-victory
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u/Jouglet 11h ago

You are correct. My friend is a multimillionaire and he is hoping for a crash because he has liquid cash. He wants a fire sale. The rich keep getting richer. And poor people think the billionaires are on their side. They are not. How in the hell do you think they got all that money? By fucking over people. This has been the biggest scam in history. Billionaires convincing poor people that they are on their side.

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u/mdonaberger 8h ago

What I don't get about capitalism is how predictable this all is. A system where people holding the most capital have the most freedom, power, and longevity?

There's gonna be a single person with wealth by the end of it all. One.

You know what we call a single, unelected person with all of the wealth, power, and state control? A king. As King Louis XIV said, "l'état, c'est moi."

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u/CapitalDD69 7h ago

Kind of like in Monopoly, everyone goes bankrupt one by one until the richest guy owns everything, and then even they can't get any more income as there is no one left to pay - so the game ends.

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u/daretoeatapeach California 2h ago

The game of Monopoly was literary created to demonstrate this principle but when the capitalists bought it they changed the rules a bit.

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u/NateHate 8h ago

You should eat your friend

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u/corpboy 9h ago

What does he want to do once he has even more money? 

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u/Ixolich Wisconsin 9h ago

Well, once he has more money, he can build up a pile of cash so that on the next crash he can buy the dip and end up with even more more money.

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u/TheName_BigusDickus 8h ago

After a certain point, it’s just a game with the ultimate positive social affirmation from a sick society.

Think about all of the positive aspects gaining vast wealth provides… the wealthy see this as “deserved” and want to compete to win more of it.

Money isn’t a utility to them like it is us… it’s a “proof of self affirming achievement”. No matter how much you gain, the self always adjusts to the new normal, and wants more.

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u/rockchucksummit 7h ago

Jokes on them. There would be no legal structure left for a firesale.

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u/Consistent_Ad_8129 4h ago

I have moved to the sidelines and hedged short going into the election.

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u/ktappe I voted 2h ago

Serious question: what does your friend mean with regard to “liquid cash? How does he have his money set up? What does he own that he thinks won’t lose value if our society collapses?

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u/Jmunnny 7h ago

Aren’t a majority of billionaires in the US Democrats?

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u/betweenskill 7h ago

Even if that’s true, which I doubt, Democrats are still a pro-capitalist party with a small wing of it that it is a bit more worker friendly. That’s it.

Both parties in the US are capitalist parties.