He’s saying billionaires spend their money ostentatiously, foolishly, lavishly like they never saw money before. “New rich” would be a comparable term.
In a spectacular display of racist logic this chud is saying that black people aren’t supposed to have inherited wealth, therefore all rich black people are nouveau riche (new rich). Which means that what they are saying is that spending with abandon is something only a newly rich black person would do.
Same. One legitimate criticism of how rich people interact with the economy is that rich people have a tendency to hoard their money instead of pumping it back into the economy. Spending all your dough may look tacky and ostentatious, but it creates more jobs than piling it up in a vault.
So this guy’s thinking is contorted in fascinating ways. I am starting to wonder, though, does being a bad thinker make you more likely to be racist? Or does racism harm your thinking? Both?
He’s saying billionaires spend their money ostentatiously, foolishly, lavishly like they never saw money before. “New rich” would be a comparable term.
Still, not sure I completely get it.
In a spectacular display of racist logic this chud is saying that black people aren’t supposed to have inherited wealth, therefore all rich black people are nouveau riche (new rich). Which means that what they are saying is that spending with abandon is something only a newly rich black person would do.
Same. One legitimate criticism of how rich people interact with the economy is that rich people have a tendency to hoard their money instead of pumping it back into the economy. Spending all your dough may look tacky and ostentatious, but it creates more jobs than piling it up in a vault.
So this guy’s thinking is contorted in fascinating ways. I am starting to wonder, though, does being a bad thinker make you more likely to be racist? Or does racism harm your thinking? Both?
Won’t somebody think of the mega-yacht industry?!
So like covering everything with gold and putting your name in giant allcaps on them?