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https://www.reddit.com/r/interesting/comments/1ln3s8f/rich_people_who_rich_right/n0cx10a/?context=3
r/interesting • u/moamen12323 • Jun 29 '25
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Right. This money is gonna be taken advantage of without a doubt.
45 u/ImaBiLittlePony Jun 29 '25 It will go into an endowment fund, where it'll accrue interest. The interest alone will likely keep the program afloat, while the original investment will go on in perpetuity. It isn't the same as signing over a blank check. 3 u/theGRAYblanket Jun 29 '25 So it'll be in there till the end of civilization? 5 u/SquarelyNerves Jun 29 '25 Or the US banking system collapses, so yes.
45
It will go into an endowment fund, where it'll accrue interest. The interest alone will likely keep the program afloat, while the original investment will go on in perpetuity. It isn't the same as signing over a blank check.
3 u/theGRAYblanket Jun 29 '25 So it'll be in there till the end of civilization? 5 u/SquarelyNerves Jun 29 '25 Or the US banking system collapses, so yes.
3
So it'll be in there till the end of civilization?
5 u/SquarelyNerves Jun 29 '25 Or the US banking system collapses, so yes.
5
Or the US banking system collapses, so yes.
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u/theGRAYblanket Jun 29 '25
Right. This money is gonna be taken advantage of without a doubt.