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The Batman - Official 4K Trailer (2022) Robert Pattinson, Zoe Kravitz | DC FanDome 2021
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<blockquote data-quote="Stalker0" data-source="post: 8434116" data-attributes="member: 5889"><p>So just to crunch a few fantasy numbers here, lets test this premise.</p><p></p><p>So if we assume Bruce Wayne has the wealth of Jeff Bezos (about 190 billion dollars), and Gotham is like NYC with a population of 8.8 million. If we assume a standard household of 4 people (2 parents + 2 children), that is 2.2 million households. The current poverty line for a 4 person household is: $26,500. That line is probably too low for Gotham (aka NYC) but hey its a baseline.</p><p></p><p>If Bruce Wayne wanted to provide Gothamites enough money to maintain the poverty line, that is: 58.3 billion dollars per year (yep with a B) as our baseline.</p><p></p><p>Now current NYC growth rate is roughly ~50k per year (12,500 houserules), so each year we would add on another</p><table style='width: 100%'><tr><td><p style="text-align: right">$331,250,000</p> </td></tr></table><p>in expenses every year (the growth rate would probably increase if we guaranteed people money but lets just keep it simple).</p><p></p><p>Now lets look at inflation, to properly maintain things we would need to at least adjust our base income for inflation. Inflation has been quite low for the US these last 20 years or so, but lets look at a ballpark of about 1.5% inflation to get the ball rolling.</p><p></p><p>So over 20 years, if we wanted to account for growth and inflation, how much money would Bruce need to put in the fund?</p><table style='width: 100%'><tr><td><p style="text-align: right"></p> <table style='width: 100%'><tr><td><p style="text-align: right">$1,424,663,390,091</p> </td></tr></table></td></tr></table><p>Aka ~1.4 Trillion dollars (with a T). Overall we go from 58.3 billion per year in expenses to 85.7 billion on Year 20.</p><p></p><p>So Bruce could not just dump his fortune into a master account and fund the whole operation for even a handful of years, let alone 20. But he is a wise business man afterall, and of course could put his money into a wealth generating account, using the interest to pay for the fund. In order to do this, what kind of return would Bruce need to generate the $1.4 trillion if he put his entire $190 billion on the line?</p><p></p><p>37.5%, which no investment on earth generates that kind of return in any consistent way (sure you could take a chance at bitcoin but you are taking a monstrous gamble with the futures of many people if you do that). Reasonable longterm investments are in the 10% range, and even 20% is considered a very good year.....37.5% is incredible. Frankly if you made that return year after year the SEC would come breathing down your neck, as the assumption would be illegality. Also we should note that return would only fund us for the 20 years, as time went on that would not be enough unless you reinvested money back into the fund....and if you do that you will need an even higher rate of return in the beginning in order to pay for the fund.</p><p></p><p>Taking another example, lets say Bruce just prepared a fund to one day tackle the problem. He puts his entire 190 billion into a solid earning fund (10% is a decent performer long term for a low risk fund). Unlike last time, he reinvests all of the money back into the fund, letting it grow and grow. Over 20 years the fund would grow to about 1.1 trillion..... a lot of money, but still not enough to cover 20 years of expenses, and wouldn't begin the touch the 20 years after that.</p><p></p><p></p><p>So while I do believe taxing the wealthy has its place (I think wealth can create a lot of negative ills in society when it grows too high), it is NOT a cure-all to solve poverty. Bruce Wayne with all of his riches, couldn't even cover the poverty line for Gotham's citizens (and lets be honest 26k per year in NYC is not exactly "making it by"). He could certainly do some real good.... but he would not stop poverty. One of the richest men in the world.... just simply isn't rich enough.</p></blockquote><p></p>
[QUOTE="Stalker0, post: 8434116, member: 5889"] So just to crunch a few fantasy numbers here, lets test this premise. So if we assume Bruce Wayne has the wealth of Jeff Bezos (about 190 billion dollars), and Gotham is like NYC with a population of 8.8 million. If we assume a standard household of 4 people (2 parents + 2 children), that is 2.2 million households. The current poverty line for a 4 person household is: $26,500. That line is probably too low for Gotham (aka NYC) but hey its a baseline. If Bruce Wayne wanted to provide Gothamites enough money to maintain the poverty line, that is: 58.3 billion dollars per year (yep with a B) as our baseline. Now current NYC growth rate is roughly ~50k per year (12,500 houserules), so each year we would add on another [TABLE] [TR] [TD][RIGHT]$331,250,000[/RIGHT][/TD] [/TR] [/TABLE] in expenses every year (the growth rate would probably increase if we guaranteed people money but lets just keep it simple). Now lets look at inflation, to properly maintain things we would need to at least adjust our base income for inflation. Inflation has been quite low for the US these last 20 years or so, but lets look at a ballpark of about 1.5% inflation to get the ball rolling. So over 20 years, if we wanted to account for growth and inflation, how much money would Bruce need to put in the fund? [TABLE] [TR] [TD][RIGHT][/RIGHT] [TABLE] [TR] [TD][RIGHT]$1,424,663,390,091[/RIGHT][/TD] [/TR] [/TABLE][/TD] [/TR] [/TABLE] Aka ~1.4 Trillion dollars (with a T). Overall we go from 58.3 billion per year in expenses to 85.7 billion on Year 20. So Bruce could not just dump his fortune into a master account and fund the whole operation for even a handful of years, let alone 20. But he is a wise business man afterall, and of course could put his money into a wealth generating account, using the interest to pay for the fund. In order to do this, what kind of return would Bruce need to generate the $1.4 trillion if he put his entire $190 billion on the line? 37.5%, which no investment on earth generates that kind of return in any consistent way (sure you could take a chance at bitcoin but you are taking a monstrous gamble with the futures of many people if you do that). Reasonable longterm investments are in the 10% range, and even 20% is considered a very good year.....37.5% is incredible. Frankly if you made that return year after year the SEC would come breathing down your neck, as the assumption would be illegality. Also we should note that return would only fund us for the 20 years, as time went on that would not be enough unless you reinvested money back into the fund....and if you do that you will need an even higher rate of return in the beginning in order to pay for the fund. Taking another example, lets say Bruce just prepared a fund to one day tackle the problem. He puts his entire 190 billion into a solid earning fund (10% is a decent performer long term for a low risk fund). Unlike last time, he reinvests all of the money back into the fund, letting it grow and grow. Over 20 years the fund would grow to about 1.1 trillion..... a lot of money, but still not enough to cover 20 years of expenses, and wouldn't begin the touch the 20 years after that. So while I do believe taxing the wealthy has its place (I think wealth can create a lot of negative ills in society when it grows too high), it is NOT a cure-all to solve poverty. Bruce Wayne with all of his riches, couldn't even cover the poverty line for Gotham's citizens (and lets be honest 26k per year in NYC is not exactly "making it by"). He could certainly do some real good.... but he would not stop poverty. One of the richest men in the world.... just simply isn't rich enough. [/QUOTE]
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