How does everyone have so much money now??
06-19-2023, 08:05 PM
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#61
Originally Posted By Crazy_Desi⏩
Not really. Dad bought a 13k home from the 1800s and I helped once I reached my teens turn it into quite the typical plantation mansion. Built an exterior garage etc. My parents are really simple people. Since I'm the executor he showed me all their expenses, which is somehow 2k per month. That's how they've always lived their life and they aren't going to change. They're retired, what's the feel bad about. They're set till death.Do you feel bad for mogging your parents lifestyle and not elevating them to yours?
Originally Posted By Destor⏩
Same.Same here, and like 3 generations ago my predecessors were poor farmers pumping out 10+ kids (my mom had like 13 siblings) just to have hands to work the land
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06-19-2023, 08:09 PM
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#62
- BasedBagel
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- BasedBagel
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imagine not being a bitcoin millionaire in 2023, fking lmao @ no coincels
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06-19-2023, 08:11 PM
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#63
06-19-2023, 08:13 PM
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#64
- r32gojirra
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- r32gojirra
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Originally Posted By ErnieMccracken⏩
3. By definition you only observe people that are out and about spending money or at restaurants. How would you actually observe people sitting in their homes rotting because they’ve run out of money til payday? You probably don’t pay attention to whether the number of people in a homeless camp has increased as you’d go out of your way to avoid that place. Similarly people living out of their cars would need to be more careful not to be seen because apparently that’s illegal? Look up salience bias.I think about that sometimes, too. Every single economic stat we have says most people are getting poorer by the day, but you can't swing a dead cat around a walmart parking lot without hitting a dozen $75k tradie trucks, teslas, and european SUV's. Restaurants charging $50/plate for very mid food, throwing $800k at a chit tier crack houses, my local pool guy says you have to wait 2 years to get a pool built, etc. Every luxury goods sector is MOONING.
There are 2 things happening:
1. The true MOGGERS are richer than ever. If you own a profitable business, good chance you have had record proifit years since covid. You can't buy a ferrari, rolls royce, custom mansion, or yacht right now. So much money has been transferred from the middle class to the top 1%, they are literally running out of ways to spend it. Cash is FLOWING for them, hence why bs like NFT's took off.
2. The people trying to keep up with the MOGGERS (miscers) are fraudin' and creditmaxxing harder than ever. No retirement, no savings, credit card balance transfers, taking out crazy HELOC's and chit like that. These people will rope if anyone ever figures out they're actually peasant poorcels.
There are 2 things happening:
1. The true MOGGERS are richer than ever. If you own a profitable business, good chance you have had record proifit years since covid. You can't buy a ferrari, rolls royce, custom mansion, or yacht right now. So much money has been transferred from the middle class to the top 1%, they are literally running out of ways to spend it. Cash is FLOWING for them, hence why bs like NFT's took off.
2. The people trying to keep up with the MOGGERS (miscers) are fraudin' and creditmaxxing harder than ever. No retirement, no savings, credit card balance transfers, taking out crazy HELOC's and chit like that. These people will rope if anyone ever figures out they're actually peasant poorcels.
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