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> on the margins - the sort of people who might have 1-6 month's salary saved up for emergencies TIL I'm on the margin.
by perryizgr8 5y ago
> on the margins - the sort of people who might have 1-6 month's salary saved up for emergencies
TIL I'm on the margin.
- roenxi 5y agoThe margin is large. But inflation means that Mr. Mouse is (correctly, in my view) calling part of your savings a little stupid. I'd rather we had a system where that decision gets called prudent.
- imtringued 5y ago> I'd rather we had a system where that decision gets called prudent. That prudence causes unemployment, business cycles and relative poverty. I would rather have a world without that kind of prudence.
- logicchains 5y ago>That prudence causes unemployment, business cycles and relative poverty. Clearly you've never had the experience of being poor, living paycheck to paycheck, deep in debt and trying to scrape together what meager savings you can. What kind of person are you, to wish that experience on someone in the name of some pseudoscientific, unfalsifiable claptrap about business cycles? Savings is how the poor move to middle class; destroying that savings is pulling the ladder out from under them.
- hdjjhhvvhga 5y agoI keep 600k in shares and 20k in cash. Now tell me how I cause unemployment and poverty.