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amarilioyesterday at 5:45 PM1 replyview on HN

It goes towards MIT’s endowment, which is valued at over $27B, and grew $3B last year.

There is no shortage of money.


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andixyesterday at 6:01 PM

> There is no shortage of money

This is a general theme in the last decade. There is a lot of money, but it is more and more ending up in the pockets of the extremely wealthy.

I'm really no communist, but we've reached a point where the system starts to crumble because of it.

It also can't be in the interest of the billionaires. They also want to live in a safe country and use working public infrastructure (roads, airports, air traffic control). They even need a functioning academic ecosystem if they want their children to receive a real education, not just access to a few famous professors they can buy.

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