Topic: To be a millionaire in the United States is to still be poor (Read 1901 times)

Yes this thing is right being millionaire doesn’t matter because there is another currency that is fading away the importance of the cash and millionaire in bitcoin is bit different as compare to the cash owner because now everyone is switching into the bitcoin and the millionaires are also thinking to convert their paper money into the bitcoin to join the lane of profiteers of future.

"Rich" and "poor" are relative terms. They are relative comparisons to everyone else in an economy. Therefore, looking at what you can buy for a million dollars is meaningless to whether someone is rich or poor; you have to compare it to what others are able to buy to have any concept of whether someone is rich or poor, and it just so happens that having a million dollars puts you substantially ahead of the vast majority of people in America. Just because it doesn't fit some undefined expectation of yours doesn't make it not "rich."

I really was thinking that 1million dollars can make a citizen there live a very very comfortable life. I'm finding it difficult to understand how such money won't give the citizen a good life.

It then means, bitcoin is really also helping Americans, was thinking they don't have much need for it. One million dollars is very huge to own so many life investments and more plus happiness to lay your hands on anything you want. Some guys / aliens in US would be very happy to fly back with one million box because they would be assured they are mega rich.

That's true, you can live like a king for $ 1 million in many countries of the world. But in the US you can not buy too much with your $ 1 million. Nevertheless, being a millionaire in addition to the lives of a large number of poor people living in streets in the US can be considered a luxury.

I agree with you because everything healthy is so expensive and i work for pizza hut they do not pay me a lot that is why i tried bitcoin to earn what i actually need to survive for because the rich people here always can get this.

Wealth is determine on how much asset that you have, buying what you want and needs and capable to buy of everything and have big assets in the bank or in the electronic market is consider rich. in other hand a united state is a costly country if we compare our money to their currency 'the dollar. if you are living in the united states and not yet as rich then i think its better not to spend to much in everything so try investing and live like a poor until your profits is multiplying and maybe thats the time to live as rich and a wealthy one.

It is up to individual on how much money they need to be determine rich, some people are happy and contented with just a few 100k USD dollars on their hand, if the person does not splurge on his wealth on luxury items and big houses, I think owning a million dollars in the united states is still consider relatively rich.

living below your means are nice strategy to live a decent life, I deem it is not about how you spend money or use it, it is all about necessity what is important is always a priority nevertheless a million worth of $ can make you rich in my country that is highly possible.

P.S a wealthy person is determine by how much money oneself saves for a day.
Robert Frost

It is all about the living slandered of someone. For some people in the United States millions will be a very huge amount while for others how have a very slandered of life millions are nothing. So it is not the value and inflation of currency it is all about the use.

For instance if I am a millionaire and I spend thousand everyday then millions are nothing but if I use as much as the necessities then millions are a lot of money.

Whoa! That was hardcore.
Then what about the mortgage after. 
And about that fiat money which just keeps on getting more when they feel they are short on it.
It is just bad for the economy and we will be polluted when the crypto takes over and we have a lot to burn.

Just move out of the states then?
Asia prehaps?
Its true being a millionaire prob doesnt mean as much as it did before but I would kill for a million right now

While it is true that $1 million isn't a lot of money in most economies, it can still go a long way if it were used in a frugal sense.

I think a person might conceivably retire off of $10 million to $20 million. If they could find a savings account that would pay them 3% to 5% interest per year on their $10-$20 mil that could be enough for a lot of people to retire off of.

Many millionaires say they don't feel rich. To qualify as wealthy a person might need to be a billionaire minimum.

Of course the amount of wealth someone has, isn't necessarily as crucial as how they utilize it. I like Elon Musk's school of thought as he focuses his wealth towards missions to mars & scientific endeavors.

Yes you are right; apart from US other countries like most of the African countries people will be still poor if they have even millions in their local currency, not the dollars. In my country one dollar is equal to 105. Now you can imagine if I have millions of dollars even thousands of dollars I will be a rich person in my community. Therefore I think that having million as the US citizens would never be poor.

I totally agree with you there! I mean who cares about USA? There is a lot of country out there who is more beautiful and peaceful to live in. And for my 1 million dollars, I can say im rich now with it and it could grow more through investing in a business or what. Lets not focus on USA, improve your own country because that is were your happiness will be

I don’t think that works actually. What you are saying is applicable to every country. Every country have high prices and inflation rates are much higher that you could find only a very small portion of millionaires. I think if you are free to move, buy, sell, eat enough, and enjoy you are millionaire.

Depends upon the level of development in your country. If you are third world country then yes one million dollars are much more than enough to live your life at ease. But in US that may not help you much as the things are in level with economy.

If you want to rich. Bitcoin is the place ,for that.If you want to earn some bitcoin means, you need to participate in Signature Campaign. In that you will get some bitcoin as a payment.If you do trade means, you will get some additional bitcoin. Even you can save that payment bitcoin and sell only if the price reaches maximum.

Economic failures haunt us regularly. It is not possible to avoid. Look at the price of bitcoin. It is a reflection of the hyperinflation of the dollar. Before the emergence of the phenomenon of crypto currency alternative to the dollar and gold was not. Now a new era began.

Actually it depends of where you are in the united states i think in new York and Los Angeles and stuff you will still be poor but if you take the poor ones like Texas or Michigan i think you will not be poor there.

Its true a million dollars isn't enough to be rich anymore.  Where i am in the UK you will spend half that on a reasonable house alone.  Its not enough to quit working or live a fancy lifestyle.  You can however live frugal and make that money support you over a lifetime if there are no wars or giant economic collapses.

Still a million dollars is like mult billion in my country. If a million dollars cannot get ones a 75 square meter apartment in USA capital then people that live in capital a far richer than some state and country especially from the Third World countries.

My cousin visited me from the USA and I asked her if one will be able to retire and not work again in the USA if they have about a million dollars and she said no and I was really surprised because in my country having a million dollars will set you and even you children for life if you choose not to work at all.

Lol! Indeed this is more than enough money if used wisely but what I think is that the definition of richness is different for every individual almost. Some people no matter how much money they have in their banks, they behave and act like poor people. Their greed is never satisfied.

Every one is going with his own statement I also agree Millionaire can live good life in USA as its very big amount and you can enjoy with many things because its not important you go for every luxury because you want to live in your own limit and you can judge better what is better for you I am not living in USA but still know many cities where you can accommodate and live very good life with this amount

I don’t think so. Millionaire in dollars in the United States has a very good financial position. Although they may not buy the luxuries of life but they can pass their lives more comfortably and easily. There will be no financial obstacles they will ever face if they have millions. I am saying this because in my country as I am not American if I have millions I will be holding a strong financial position.

It is true that a million dollars isn't as much money in today's economy as it used to be only a few decades ago.

The buying power of fiat currencies have declined significantly as inflation tops 10% per year and most nations buy the currencies of foreign countries to boost corporate export profits(at the expense of individual consumer buying power).

The united states redefined how inflation is calculated years ago to transform a real 10% inflation rate into a 3% inflation rate. Similar to how unemployment was redefined to paint economic statistics in a more favorable light.

A million dollar can help you get rich, and that is depending on where you live lol. You picked an apartment in the capital, which is pretty much expensive due to its place, but have you tried searching for other states in which 1 mil could give you a nice house to live at and stil have some couple hundred grand in your hand? Housing cost apart from cost of living varies from state to state, so saying that 1 mil in the US won't get you rich by picking 1 state where housing cost is inflated does not provide your argument any solid backing.

Yes it always depends on your strategy on how you manage your money because 1 million is a big capital and it can give also a big profit if we manage it carefully and it can change everyone's life from different places but if we spend it only and not do any action that can help them to grow it can lead us to become expensive.

Yes, because the standard of living in the US is very expensive, I've felt the life in the USA, for the cost of renting a house or apartment can reach 25k per month, the average income of USA is very high, if earn about 1 million dollars per year of course it looks poor.

Living in a big city is really abnormally expensive so that's kind of a weird analogy. Where I'm from, $1million US will get you 100 acres and an 8000 square foot mansion. Yeah we get it, inflation is ridiculous, but it's going to seem so ridiculous when you look at expensive cities.

if we have 1 million then we don't have to live in the big city's because our expenses will also become bigger. when you want to buy something in the big city's, you need to spend more money than if you live in small or middle city. but if you can work smart in the big city's then i am sure that you can make big income too so you don't have to worried that you can not buy something.

This and it also depends where you live in the us. You guys are looking at big city's but there is no need to live there if you don't need to work.

1 million is not poor - your judgement is way off on this one lol. You dont know what poverty is if thats really what you think.

It is better that we are in a poor country that doesn't like the country of USA because in USA it is not worth it to have a million dollar there because of the high or expensive things that cannot be enjoy with just a million dollar. If you want to be rich in USA you need a lot of million dollars first but in other countries 1 million dollar is enough to have a luxurious life.

This thought often comes to my mind.A millions dollars was always a synonym for being rich..
..at least it used to be back in the early 20th century when it was worth 20 times today's value.
Today you can barely settle all your bills and credits and you're left with nothing.
Imagine,God forbid,getting seriously ill.I think Breaking Bad sums up the scenario pretty well. 

If I am going to have a million dollar on my country? I will be really rich, I can buy a house and lot and also a car, and things that I want to. USA has a high cost of living, their goods is to expensive. Unlike here in my country, compared to USA, it is still cheaper here.

But i think in your country people dont have such salarys as in United States. I think that it is just a problem of a current economic system, that we live in a really unfair world. Some countries even produce much more things that USA, but still salarys are much more higher, because USA has one of the most strongest economics. Thats why i like cryptos, here all people are equal and for example for bounty programms we earn equal ammount of coins, which is cool
P.S. In Norway 1 million USD is nothing

Well you have point there. Like in every business, they'll try to hike up the prices to as high as the market can tolerate. It is still hard for the people with lower income though even if they are nowhere near those millionaires. They still get pushed out when the areas they used to live in undergo gentrification.

How are people there coping?

Correct me if I am wrong guys, I have noticed that some retired citizens of the states that after they had retired then they got their pension, they moved to a muh cheaper place or country and then they start living in that country again not as a retired citizen but as a wealthy or living a bit comfortable life there. My reason was this, in that place their money would be converted not only twice maybe ten times greater than the amount from way back their hometown where they lived before.

What? One million dollars is a lot of money. Most people won't see that amount in their lifetimes. It's a lot, but not enough for one to be considered ultra rich. You would still have to live within your means. Spend it on a different state or a different country.

I think a million dollar is not that big of an amount if you live in the US, high cost of living especially if you live like in NY or something but if that million dollars would be converted in a third world country local currency then you'd be richer than those living in the US and could even buy you a house with that amount fully furnished.

If your friends told you that mate! They apparently do not like you and wants you to come and suffer with them. If you are earning perfectly well in your country, I see no reason why you should migrate to the U.S. It is like thug of war and if you do not have a green card, you will work your butts off just to earn peanuts.

Most times, some people get lucky to get a transfer or probably their skill was hugely needed which is quite rare, except that, you will suffer through your teeth to survive. I did not even mention the kind of work you will do to earn such peanuts.

Yeah you still poor in the united states even you have 1million dollars, because US is a high standard of living and the foods and things are so expensive, but here in my country  1 million dollars is enough to quit your job and enjoy your life.

USA is a expensive country certainly, and you can live happy forever in your country with 1 million dollar. There is no doubt. This is true for most of us living in second or third world countries.

The difference is sourced from the population and the strong presence of a lower class in Asia. The US has such a large amount of millionaires and due to the opportunity options here, the price of living and housing is hiked up significantly. More urban areas always have that strong upper class population that makes the cost of living higher.

It is expensive, but you could buy a very nice house and car and still live very well for a few years in the US with a million dollars.   That is hardly "poor".  I've never had a million bucks, and I've been working for 25 years in a job that doesn't exactly pay minimum wage.  So that statement in the OP is just false.

No wonder more and more Americans are choosing to retire abroad. Plenty of them here in our country, usually in the hospitality business. That $1M would go a long way here in Asia. I don't know any of them, but most white expats I see on TV seem to have entered the resorts business. Can't blame them. Just buy a beachfront property, build some cabins and cabannas, and you're good to go. Passive income while spending your days on the beach.

Note that the United States spreads far beyond just the capital. Texas is a state that's growing in popularity for people to move to, and since there's so much land available, prices are much better. Take a look at this:

http://www.chron.com/homes/article/What-million-dollar-homes-looks-like-around-Texas-10606493.php#photo-11785895

I think a million dollars is definitely a sum that has lost its value in terms of word, but it still definitely can help you get by in life well.

It is a problem everywhere, and not just in Washington DC. Even in my country, I can't afford to buy a decent sized apartment, although my salary is higher than the national average.

 There are poors in every country that exits in this world, that is nothing new. I see poor people on the best countries, and that is not strange for me. There is always going to be some kind of people who doesnt have much money, or unemployees, it happens everywhere. But obviously that it is shocking to understand that there is this kind of people in united states ,because most people thinks that usa means money, power and miami beach.

Money is only worth what the cost of living is around you.  If you give a man 1m and tell him to live in a big city that is overpriced; he will be a homeless man much before a man who lives out in a rural area.

Status of living on US is expected to be really expensive and having a million dollar would really go make you far and as you said that would only be sufficient enough to buy a 76 square meter apartment at capital which is indeed really a small thing for a million but you would be filthy rich if you do go on other countries specially on 3rd world for sure you would really live like a king on those amounts and you would able to make use of it on lots of things which you cant do on US.

That's exactly the myth I'm trying to dispel.

I say that even if you were a millionaire, all that money is worthless. Life (at least where economic freedom is concerned) is rigged.

You should never have had to "invest in bitcoin". You should be able to live freely, whether you are successful or not.

You shouldn't have to "double your money". The government is supposed to be by the people and for the people.

What I'm trying to say, in no uncertain terms is what George Carlin said.


There is a red, blue and white dick that is being jammed up our asses as US citizens. The owners of this country, using their vast fortunes are now re-writing the laws to suit them. We do not live in a government that is controlled by the people, but by the corporations, the financial institutions and their masters.


And the most incredible part is that they do not have to be evil, just incredibly greedy and entrenched into the system.

Change the country dude... People are earning 1 dollar a day in some places ..if you are lucky enough to get this much you should rather be happy than be sad...
If you will always look up to people who are richer than you...you will obviously won't ever stay happy... Tour the world enjoy... Remember that some people can't even afford a room on rent

I think it is not only a problem of the US but a general problem in the world.
There are those numbers that 0.1% of the population in the world own 80% of the financial assets.
And the wealth is even concentrating. Not a very encouraging developement in my eyes.
Maybe bitcoin can bring a contribution to spread the wealth at least a little better.

I´m in Europe and feel free to send 1M fiat my way. I won´t be Uber rich but i have a few bills to atend to and that fiat junk would come in handy:) Can send it either via SEPA or USDT. thanx

I was kidding of course. It´s crazy the inflationary times we live in. Like here in Lisbon a few Hollywood celebs are tweeting about the city and that is driving prices way up and soon the concepto of a millionary will definitelly change.

Living in United States with full of debts is so sick. Using a credit card on everyday transactions almost things that you can buy is on creditcards . even though you have a high salary on your job it all goes on your credit card with out a proper cash because they consider that having a cash is not that secure because there's alot of thief in the states. So if you buy stuffs using your cc your salary will going to your cc as a payment.

Wait, $185 per month in car insurance?

Like, every month you have to pay something like that if you own a car?

Being a millionaire is relative. Some countries which has a very low cost of living and having a million dollars would be awesome and you can buy not just a house but a building. But if you are in the States or other country which has a high cost of living, then 1 million dollars would be nothing. So it really depends on what part of the globe you are. But I know for a fact that not all states have a high cost, so if you really want to spend and buy apartment then you should research which part of the US you can buy cheap house.

Cost of living in US is very high but think about those countries that are declared as the best high cost living places. A million can even be spent there easily or it can't even get a year or two. Why not try to migrate in other countries you are familiar with and have a new start with that amount?


The same here in my country, I can definitely retire and start my own business or just enjoy my life to the fullest with that amount as I don't need to rent anymore here.

millionaire or not, as long as as we can buy something we want, i think its enough. i mean if we want to buy something, we can directly to buy and not waiting for the other days. but i agree that if we live in united states, we need to have much of money because in that country, everything is expensive and we can not buy something we want. fortunately for people which is live in out side of united states, they can be a millionaires in their country while they are doing something with bitcoin. but in future when bitcoin price become expensive, i am sure that people which have bitcoin, they become multi millionaire and they can able to buy everything they want except time.

Being rich and being poor depends on your perspective, if you are talking about the apartment well 1m USD will get you a decent house to live in. That is if you live in other states ar maybe a bit far from  capital. If you live in the state of new york then that will be a much smaller space.
Being a millionaire should start with the person's mind set.
You can choose to rent an apartment further from the capital as it is much lower,also you have to think of doubling you million,so think of ways that will gain you profit. You can  then invest more in bitcoin or put up a business or whatever it is that may gain you that extra million.
Since being a millionaire is a mindset you can still be poor if you dont have a good lifestyle, why im saying this is because, lets say you earn a million and invest it to bitcoin, stocks or anything else but each time you earn you also buy something like luxury car which will cost a lot and then you'll buy a house then another house. It is like everytime you earn money you keep on upgrading your lifestyle therefore you will not become a true millionaire. You are simply making ends meet.

1 000 000 dollars is 1 600 000 BGN here. Think how you would live as an appartment like that in the capital is no more than 100- 120 000. The new S Class is about 150 000. You go out and eat for 10 BGN so yeah you would have decent life here

Aw that is a sad thing because a 76 square meter is too small for a rich person who will spend around 1 million dollars to get a new home but for that 76 square meters then i can say that it is not worth it and it is better to move out and go to other countries where you can live like one of the richest because there is a lot of small countries that has a huge rate per dollar.

I know that living in US is a harsh but I never thought that it is that bad, I think it is better to moved to other states or country where you can have a better life, where the spending is not too high and I agree that the struggle of earning money is keep on increasing and in my country the government just dont really care, they just keep on adding tax and not take care of the inflation
Hopefully bitcoin can become the answer for the people in my country and I prefer to keep my investment in bitcoin where the government cant put inflation in my investment

A million dollars is a huge amount of money that you can live with it for the rest of your life.
No matter how inflation destroyed the current economy, a million dollar is still a huge amount of money.

The truth is that if you have to get into debt, have to, regardless of where you're from, than you have to question whether the country you're living is fair.

You shouldn't have to take a loan to survive. Plain and simple.

or am I wrong?


I've lived in Greece and I never felt poor even when I had no money at all.
Here in the states I've felt poor no matter how much money I had.

It seems like there is always some made up, mandatory expense that I have to pay.

I believe the system is predatory and not built for our benefit but to keep certain middle-men earning money from the middle and working classes to be redistributed among the already rich.

Laws like making it illegal to sleep in your car or to live in public property only make my point for me. It shouldn't be illegal for a person just to stay over at a national park, nor do I believe that national parks or any parks run by a decent government should charge admission fees to the public.

In some places in the United States, homeless people have managed to gain certain rights, in order to survive, but these rights can easily be trampled by police officers and the authorities.


It seems like money and power are carefully regulated so that society's "undesirables" can be easily controlled.

Bitcoin may change that.

I'm just pointing out that, even if you were a millionaire, if you (sic!1)leave in today's system you're poor.

The fact I used to illustrate that is almost irrelevant.

edit: Typo

1. I meant live, not leave

The cost of living is pretty high there. I haven't been to New York but from what I heard, the prices their are crazy that even their freakin' coffee costs so much. Perhaps that's what OP wanted to point out.

America used to be land of milk and honey, everyone wanted to migrate their back then with the hopes for a better future. Right now, everyone's working really hard and sometimes forced to have double jobs just fend off for themselves. I personally think that a million dollars could go a long way but if the cost of living is too high, then I guess in a way it would still make you poor.

Not all would agree to that but if you really are not from there its hard to have a decent job for earning. But the educational system is much better from other countries so its looks like they are not poor. But off course upon graduation you are filled with lot of loans. You would really experience American hardship when you are just on the job.

Definitely you are wrong   in my place where a dollar is 51x higher than my countries currency means I have to earn 51x my current earning to live a decent life in US.  But well why do I have to problem it when I am happy living in my tropical country besides Bitcoin and cryptocurrency can be use by everyone.  Let's just be happy about that  .

Wow,  i thought that having a living in United States was cheap, i was wrong. A lot of my friends that are living in USA told me that they were earning a lot of money, and that everybody could easily live in there and afford spending some money everyday. But i see that there is still necessity in all the countries, but i didnt imagine that it happened on usa.

If this is what is obtainable in a country like the United States, then every other country is something else. But truth be told the minimum wage is a farce which should not stand. Over here too, minimum wage is just a some amount of money that you are given not to die and its for the least educational qualification.

However, I don't believe the cost of living in US across the states is the same thing as over here, in some states, the minimum wage can sustain you to a large extent and even be comfortable. If not, it would have been reviewed upwards.

The part of the rich making life expensive for the working class to live in is everywhere and the worst case scenario is to live the major city for them and move to the suburb or developing cities where cost of living is relatively low and affordable.

I live and work in the united states. I work part time. I don't make nearly anywhere near $3,000 and I work above minimum wage.

I make (before taxes $9.00) Minimum in my state is $8.25 I think.

After taxes weekly earnings for 5 days a week and 30 something hours comes out to about $200 something dollars.

So about $800-$1000 a month, above minimum wage with about 30 hours per week.

You won't be able to rent a house for under $600 ANYWHERE in the states
 
There are other basic expensives. Let's ballpark food at $300 a month, and let's ballpark gasoline at $60 and car insurance at $185... Let's ballpark health insurance at $100

All are basic costs....

Let's add them up.

(600+300+60+185+100) = $1245.....

So you can't afford the basics and to live anywhere in the United states at 30 hours a week.
Not in 2017 at least....



Bet your 30 hours could get you a nice apartment in New York in the 50s though....

And notice the stuff I left out... Cellphones, Internet Access, Water, Electricity....

Life in the US is rigged by the rich to the point of being nearly unlivable for the working class.



I'll let George Carlin explain that one.

https://www.youtube.com/watch?v=cKUaqFzZLxU

Here in my country, you can make a good living with $300 dollars a month.. And i traveled to united states a few years ago, and i had to spend $100 dollars a day (aproximately) to buy the same things that i boughted in my country, buying food, stuff, etc. But minimun wage in USA is aprox $3000 - $4000 a month, so that is why it is so expensive to live in there.

That same 1million dollars would liberate the entire generation of someone in far away Africa that will not have to fast poverty or its like again. The fiat world has been polarised that what the makers and shapers of the economy have done is consistently what I referred to a cosmetic approach and they do nothing to abate the capitalist whose quest to make more money have rendered the nations legal tender worthless. Those tokens might mean a lot to you, but it can't surely get you what a dollar bill would do.

The concept of “millionaire” uses the same word overtime but at the same time it changes as fiat currencies get devaluated overtime. So, people who achieved a million of net worth 20 years ago were wealthier than people who have one million net worth today.

However, I think the example you are giving is a bit exaggerated. I am sure there are much cheaper placer in the US where you can buy a decent house in a good place for half that at most.

'Rich' is always subjective and depends on living costs to a large extent. For me if I had 1m dollars I would consider myself rich and I think I could quite easily retire, however I have no desires to live in a major city or have extravagant things.

I do not care about that very much. If I have about 1 million dollar, I will be extremely rich in my country and I will not worry about anything. USA is a high standard country, that is why the price of almost everything is higher than other countries. I live in a third world country, so I believe that 1 million dollar is enough for me to retire my job and live a happy life till the day I die

I heard it's expensive there, especially in cities like New York. I find it weird how economics work. I mean, the  most expensive city is Luanda, in Angola!

And it's not just the prices that have not adjusted. Wages basically stagnated and is unlikely to budge any time soon.

I could retire with a million dollars, well at least don't work for others ever again in my life, unless very well paid.

And the USA doesn't even have a city in the top 10 most expensive cities in the world...

http://uk.businessinsider.com/the-19-most-expensive-cities-in-the-world-2016-6/

Uh, if your plan is to buy an apartment in Washington D.C., yeah.  A million dollars won't get you far. But you could live pretty well in many other states, even the richest ones.  What you did is cherry picked the housing data and used a single data point that fits your very skewed argument.  Bottom line is that you're not poor at all if you have a million.   Super rich? No. Poor?  Absolutely not.  It's out of reach of most hardworking Americans.

 
I personally always consider fiat system backed by minimum reserve requirement prevailing in most of the federal economy to be the most failed one. How can public create trust in currency whose supply can be alter anytime through 'deficit financing'. As a result, country may hardly show deflation rate.
Cryptocurrencies have much more advantages over the system written above. Even if nations are non-comfortable with cryptocurrencies, they should at least adopt principles of cryptocurrency like limited supply and free play of market value so money value don't depreciate with time and recession don't hit more often.

Just look at what a million dollars can get you. A 76 square meter apartment at the capital.

I'm sorry but that doesn't sound like being rich to me. That sounds like massive inflation has happened and we just haven't adjusted yet.


I have more faith in my worthless crypto-tokens over their worthless monopoly money they can print for themselves and their friends.


Fractional reserve masturbation economics don't reach me anymore.