Can’t be that old when you were just born in the year of the flashback. You are getting old when you are still older than the protagonist in the flashbacks

I thought the tooth fairy melted all the teeth down and sold them to neonatal departments and dental veneer companies.

Like watching Back to the Future 2 where they traveled to 2015. I remember everyone made a huge deal out of it in 2015. Can’t believe that was almost 8 years ago.

Sauce?

I'm 30 and when I went to an exhibition with my parents last year the cashier gave me a ticket for under 14 yo unasked. Still annoyed me

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More consumer spending isn't the best way to counter inflation though

By this logic, the deflation of 1930s might have been caused by corporations being to selfless haha

I really don't like comments like this. Yes, you knew this, so did I, so do most people, but this person didn't, until now or fairly recently. It's not thier fault that they never learned and internalized this fact until recently, it just simply didn't happen. I get that it's not original, but they're just learning man, not everyone knows all the same stuff. Belittling doesn't accomplish much.

Santa increases the supply of goods (mostly toys), without creating new money, so has a deflationary pressure on the economy

Also, what we're seeing is just our brain's interpretation of reality, and not reality it's self.

Reddit has made me wish I didn't have eyes more times than I can count

According to Reddit socialist lefty idiots, inflation is just corporate greed from corporations because it's not like the one-man sub-shop has had to raise prices or that "greedy corporations" have had previous losses. Were they not greedy when prices were stable and inflation was low?! lmfao. People are so dense.

3-5 should cut it for most people. 4% "safe" rate means 3mil can live on 120k forever. That's good money. Especially when you don't have to save anymore.

A millionaire is someone with a million in assets. It has nothing to do with what you earn. People could make 250k per year and never be a millionaire, while others can do it on 60k.

Okay. I'm 26. I'm going to a university to get my bachelors. And the university is a relatively low cost public university. With my bachelors, two minors, and side associates I'm working for, it's going to take me about 5 years for my degrees and minors. Now, I live alone in a single bedroom apartment. Relatively cheap for where I live. A little less than 900 per month. And most other living expenses are covered in my apartment besides electricity which costs about 65 a month for how I live currently. I also have a cheap relatively old, but reliable used car with actually really good has mileage of 30 miles per Gallon. I also have low income myself and have free Healthcare where I live as well as I receive about 200 a month from a local program to help with my food expenses.

Now, having a noteably low income such as me and being fully independent I receive a healthy amount of financial aid for school and living expenses.

However -and I've done the math for this already out of personal curiosity- if I didn't receive financial aid, the next five years all together with both living and school expenses, with me living completely alone. Just paying for myself. It would cost me about 300,000 dollars.

Now, that's not a million dollars. But it is 30% of a million in only five years. And with this I finish with the same economic standing I started with. Broke. Haha!

And after I finish my bachelors I will continue my schooling for my masters and eventually my doctorate. Now this holds different economic terms, but still, my point is - a million dollar isn't that much.

I personal could live a similar lifestyle to what I am now for only about 15 years with a million dollars. And being 26 I'd still have a long time after that to go. And that's living in the same cheap living I am.

Now, I understand it varies by person, area, situation, action, etc. But still.

In reality, right now, a million dollars isn't much.

If I was given a million dollars in cash with no catch or consequences, I would hold on to it tight, keep it safe, and spend it smart. Because it takes more than a million.

I hate when website's use a calendar that doesn't allow you to select the year..

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It's just 50 cents or so for first world kids for one tooth. So it'd not that much

That 9th decade is ROUGH, especially for men. I forgot where I heard that, but it’s gotta be true.

EDIT: Heard it on the Tim Conway Jr. show when he was talking about the tough times his dad was going through before he passed away

Also ancient pharaohs helped reduce inflation by burying all the riches with them. (To be honest they probably caused it also, by all the pyramid building)

in summary we should ask Bezos to build a giant tomb where he can be interred with his riches.

Ya i was just taking 22 million millionaires and dividing that by the US population and saying they have a higher net worth than 90% of the population

For objects that are relatively near, the speed of you nerve impulses (70-120 m/s) is a much larger factor in terms of you seeing the past than the speed of light.

The US, I think the confusion is I think you're talking net worth where I'm talking yearly income. Usually when the 1% discussion happens it's "how much do you have to make in a year to be in the 1%" but if you were talking about the net worth of the 1% then yea it would be a much higher number

Are you talking about the world or in the US? I was talking about the US.