…sure, but if your money pile (in the form of various core-sector investments/broad market ETF’s, which always eventually track inflation), automatically goes up with inflation your not losing anything either.
when your rich, you have to actively go out of your way to lose money. because your $ can make more $ for you than you could ever make actually working.
They must be fuming with all the desperate pushing of AI and data centers. Tech in general looks like the titanic except everyone is turning a blind eye to the sinking part.
I think it’s ironic that since buying power dropped by, what? 50%? Then does that mean a person with a billion is just a millionaire?
The old billionaires must be fuming because so many new billionaires keep popping up. Theirs wealth just doesn’t matter anymore
eh, not really how it works. at certain point your wealth is just distributed across the market enough that it goes up with inflation.
But inflation doesn’t make money worth more.
…sure, but if your money pile (in the form of various core-sector investments/broad market ETF’s, which always eventually track inflation), automatically goes up with inflation your not losing anything either.
when your rich, you have to actively go out of your way to lose money. because your $ can make more $ for you than you could ever make actually working.
They must be fuming with all the desperate pushing of AI and data centers. Tech in general looks like the titanic except everyone is turning a blind eye to the sinking part.
So exactly like the Titanic until it was too late to ignore.
lol yeah
The latest South
ParkAmerica episode is about this exactly.Seriously the timing of this conversation cannot be a coincidence