Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
But I’m more refering to the common $100Millionare +. They generally aren’t trying to screw people for the fun of it. They just do what’s good for them, without thinking much of the externalities. In my experience most people work the same way. Once you point out the negative effects they’re causing, they’ll change what they do, in that instance at least. Then quickly go back to ignoring and forgetting the problem, because it’s not their problem.
I can agree with those in political office.
But I’m more refering to the common $100Millionare +. They generally aren’t trying to screw people for the fun of it. They just do what’s good for them, without thinking much of the externalities. In my experience most people work the same way. Once you point out the negative effects they’re causing, they’ll change what they do, in that instance at least. Then quickly go back to ignoring and forgetting the problem, because it’s not their problem.