The Harsh Reality
Rich people are earning more, yet doing less. However, poor people are spending more, which in return causes them to have to work more, and typically earn less.
38
464 reads
CURATED FROM
IDEAS CURATED BY
Smart girl with a big heart. I talk about finances, personal growth, and the real stuff. Let’s win! I ♥️ Humanity 🤝🏾🫱🏾🫲🏻🫱🏾🫲🏽🫱🏾🫲🏿 🌎
Want to know how the rich get richer during inflation? This read includes insight on the strategies and investments of the wealthy vs the impoverished. Lastly, learn a little about U.S. security debts and the benefits of inflation.
“
Similar ideas to The Harsh Reality
The loop
Government-run lotteries appeal to poor people. This causes them to spend a disproportionate amount of their income on lotteries, which contributes to them being poor, which keeps them buying tickets.
The wealthy
Most rich people do not flaunt their wealth: They don't live in high-class neighborhoods or drive expensive cars. They look like you and me.
The rich have a net worth of above $1 million. Most rich people got wealthy through a simple combination of earning an income,
The fallacy of Oversimplification
In the real world, events typically have multiple intersecting causes that work together to cause the events we see.
However, the complexities are often difficult to grasp and even harder to change, resulting in simplification. While the causes we cite may...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates