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I'm talking about trends in society, not my particular views. I don't think anyone can say "what life is about" (including you), but I think my comment was fai
by ivankirigin 19y ago
I'm talking about trends in society, not my particular views. I don't think anyone can say "what life is about" (including you), but I think my comment was fair. Look at what people spend their time and money on, and you'll see what they care about. The richer people get, the more things become about experience, as opposed to consumer good consumption.
"experiences can be had on the cheap."
You're right. Back to the original point: why would people save if their priorities are about consumer good consumption, and then good experiences once they have all the stuff they want?
More generally, I think the bias towards saving is a too abstract view about macroeconomic conditions. Credit is actually really, really cheap these days.
Things are really cheap, and experiences can be too.