General Discussion
In reply to the discussion: If an income of $200k/year is "middle class".... [View all]Egalitarian Thug
(12,448 posts)don't even raise the percentage by 1/1,000%.
This lack of understanding of the numbers we are talking about is an unfortunately common problem. We throw around millions, billions, and trillions without ever considering the volumes we're really talking about. You've probably never seen a million of anything and you've certainly never seen a billion.
Even today, after half a century of devaluing our money and inflation, anybody with a net worth of a measly one million dollars is doing very nicely, but because of how successfully the media has skewed our perception, in order to condition us to accept the literally inconceivable amounts of our money that is being stolen from us every year, we no longer think of mere millionaires as rich.
If you were born January 1st, in the year zero, and you spent $1,000 a day, every day, you would still need to live another 750 years to spend one billion dollars.