Democratic Socialist Robert Reich Claims Billionaires Hoard Wealth

Democratic socialist Robert Reich claims billionaires hoard their wealth. Imagine thinking that billionaires aren't lending their money out to institutions that need it.

Billionaires lost $1.9 trillion in 2022.

Elon Musk lost $115 billion.

Jeff Bezos lost $80 billion.

Mark Zuckerberg lost $78 billion.

None of this has any real consequence on their daily lives.

Hoarding wealth like this is grotesque.

— Robert Reich (@RBReich) January 27, 2023