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Traditionally, there was "old money" and "new money" where entry into the old money class didn't rely solely on wealth but also on subtle social signifiers. Wha
by shalmanese 9y ago
Traditionally, there was "old money" and "new money" where entry into the old money class didn't rely solely on wealth but also on subtle social signifiers. What's new is the emergence of a class of "new old money" that adopts the same social signalling techniques of old money, even with new wealth.