Don't know if y'all have seen this, or if it is in any way directly related to this thread, but I think it is a really cool presentation/visualization:
That was excellent ! Thanks
Don't know if y'all have seen this, or if it is in any way directly related to this thread, but I think it is a really cool presentation/visualization:
Whatever they wanted? Well as long as it was local, in season, hadn't spoiled...
So, I am far, very far, from the millionaire class as first defined in 1719. But who cares? I bet the millionaires back then were miserable from the summer heat, not having cool AC like I do now.
Probably not as bad as you think. They were better adapted than we are today.
+1. Thanks for sharing, FIREmenow!That was excellent ! Thanks
Don't know if y'all have seen this, or if it is in any way directly related to this thread, but I think it is a really cool presentation/visualization:...]
I agree... very cool and very effective. I just wonder if the income axis is real or nominal.
And there is probably a realistic ceiling on age.... though someone might have said the same thing 100 years ago and been proven wrong... longevity doubled over 200 years... could it do so again?
There comes a point where one has more money than there is useful stuff to buy. Probably more so in Thomas Jefferson's time than now. So what would the person with the equivalent of 641 Million $ do with that money in TJ's time? He didn't even have running water..
Don't know if y'all have seen this, or if it is in any way directly related to this thread, but I think it is a really cool presentation/visualization:
I was going to post this! It's my favorite video, I use this to shut down conversations about the world going to hell/end times/build a bunker. I know I don't change their minds but at least they stop trying to sell their vacuum packed dystopia to me!
I was going to post this! It's my favorite video, I use this to shut down conversations about the world going to hell/end times/build a bunker. I know I don't change their minds but at least they stop trying to sell their vacuum packed dystopia to me!
I was going to post this! It's my favorite video, I use this to shut down conversations about the world going to hell/end times/build a bunker. I know I don't change their minds but at least they stop trying to sell their vacuum packed dystopia to me!
...
Now try to think ahead to the future of the rich. I think the age we live in now has no reference to the future. We can only look back with tinted glasses. In the future, there [1.] will be less resources, [2.] more people, [3.] less land, and because of that probably more wars. I do realize the rich are insulated from much of this, but when resources are strained it affects everybody.
Opinions? What are my flaws? This is an interesting subject for me.
I think most people look back with 20-20 vision from today's standards. Sure...medicine and technology are better today than the 1700 or 1800's. Lifespans are longer now. But, I think millionaires of the past still lived a better life than millionaires of today. Think about it...the rule of law did not apply to the upper class as much as it does today. Those folks did whatever they wanted to do. They made the law. The Robber Barons of the 1800's and early 1900's really lived lavishly in a different style than the rich of today. Think of the land and empires these people owned. Look at the Biltmore Estate for instance in it's heyday. Many of these rich people may have lived shorter lives with more disease but the quality of life is what counts in my eyes.
Now try to think ahead to the future of the rich. I think the age we live in now has no reference to the future. We can only look back with tinted glasses. In the future, there will be less resources, more people, less land, and because of that probably more wars. I do realize the rich are insulated from much of this, but when resources are strained it affects everybody.
Opinions? What are my flaws? This is an interesting subject for me.
I think most people look back with 20-20 vision from today's standards. Sure...medicine and technology are better today than the 1700 or 1800's. Lifespans are longer now. But, I think millionaires of the past still lived a better life than millionaires of today. Think about it...the rule of law did not apply to the upper class as much as it does today. Those folks did whatever they wanted to do. They made the law. The Robber Barons of the 1800's and early 1900's really lived lavishly in a different style than the rich of today. Think of the land and empires these people owned. Look at the Biltmore Estate for instance in it's heyday. Many of these rich people may have lived shorter lives with more disease but the quality of life is what counts in my eyes.
Now try to think ahead to the future of the rich. I think the age we live in now has no reference to the future. We can only look back with tinted glasses. In the future, there will be less resources, more people, less land, and because of that probably more wars. I do realize the rich are insulated from much of this, but when resources are strained it affects everybody.
Opinions? What are my flaws? This is an interesting subject for me.
Well, it depends on the particular era. If you talk about not just the millionaire class, but the ruling class or the elite, then yes, they made the law until the peasants decided that them laws sucked. Off with their heads! Here came the French Revolution, the Russian Revolution, the Chinese Revolution, etc...I think most people look back with 20-20 vision from today's standards. Sure...medicine and technology are better today than the 1700 or 1800's. Lifespans are longer now. But, I think millionaires of the past still lived a better life than millionaires of today. Think about it...the rule of law did not apply to the upper class as much as it does today. Those folks did whatever they wanted to do. They made the law. The Robber Barons of the 1800's and early 1900's really lived lavishly in a different style than the rich of today. Think of the land and empires these people owned. Look at the Biltmore Estate for instance in it's heyday.
I beg to differ. I am not going to trade the positive aspects of modern life for the right to sit on a throne, and order someone to make me a fancy meal whenever I want one. Nor would I want to trade off my car for getting driven in a horse carriage, or being pulled in a rickshaw. That's no quality of life!Many of these rich people may have lived shorter lives with more disease but the quality of life is what counts in my eyes.
Yes, eventually people will have to learn to do with less, as the earth resources dwindle. We certainly have a lot of excesses right now (OMG, EVs with "ludicrous acceleration"!). But the amenities people need for comfort will be more widely available for a while, compared to the period of few centuries ago as described in the OP post.Now try to think ahead to the future of the rich. I think the age we live in now has no reference to the future. We can only look back with tinted glasses. In the future, there will be less resources, more people, less land, and because of that probably more wars. I do realize the rich are insulated from much of this, but when resources are strained it affects everybody...
But, I think millionaires of the past still lived a better life than millionaires of today. Think about it...the rule of law did not apply to the upper class as much as it does today. Those folks did whatever they wanted to do. They made the law. The Robber Barons of the 1800's and early 1900's really lived lavishly in a different style than the rich of today.
Would anyone trade being alive today with 1-2 million to go back and be a billionaire robber baron, but live in the 1900s-1930s and all their problems?
I wouldn't.
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