this post was submitted on 28 Nov 2025
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Late Stage Capitalism
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Can we get a headline about bazillionaires hoarding wealth?
Some journalist should start calling them all Smaug. The problem is a bunch of us asshats would then be like "Smaug did nothing wrong!"
Don't know if it was serious or not but someone did a calculation of Smaug's wealth and he's on the lower end of the billionaire class. Like single digits compared to Bezos, Musk, and Gates. A literal mountain of gold is less money than they have acquired.