Man, the government really has to get spending under control. How can you be concerned about something like government spending? When rich fed cats like Jeff Bezos get to have $159 billion while the rest of us starve. If anything, we need the government to confiscate their wealth and spread it around. Eeeeyyyyyyyyyyyy! Gah! Actually… That might be a little bit short-sighted, Bob. How so? Well, first of all, to take the example of Jeff Bezos, that $159 billion he has isn't liquid wealth. Not liquid wealth? You mean like he can't even do his safe in swimming it? No, liquid wealth is the amount of cash you have. Whereas you're not worth is the value of everything you own, including assets. So if you have a house which is worth $100,000, own a business which is worth $50,000, and have a quarter in your pocket, your liquid wealth is $25, and you're not worth there's $150,000 in $25. Ow! Jeff Bezos is doing incredibly well, but it's not if he has $159 billion in a bank. He owns shares in a company which are worth about that much. So in order to seize his wealth, you would basically have to sell off Amazon. But selling all of his shares at once would lead to a massive devaluing of the company. And all of the stock would be worth less, so you'd end up bankrupting him only to get a fraction of his initial wealth. It would also result in massive layoffs. And in all likelihood, kill the company along with all of the value it's adding to the economy. I don't care! Being a billionaire is a crime! They only make their money by exploiting others! Can't you see we could fix our economy if we rounded them up and confiscated their wealth? Well, there are about 550 billionaires in the US. If we lived in a magical world where we could liquidate all of their assets without devaluing any of them, or throwing the economy off of its very delicate balance, we would shut down virtually all of the most profitable companies in America, and the world for that matter, for a one-time lump sum of $2.5 trillion. Doob.5 trillion! Woohoo! Imagine what we could do with that! Run the federal government for under eight months. Man, the government really has to get spending on a control, huh? Hey folks, thanks so much for watching. If you enjoyed this, please check out feed.org for more educational content. Thank you.