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You’ve already missed the point - it doesn’t matter. It’s that peoples’ expectations change. (Yes there are diminishing marginal returns etc., but once you’re

You’ve already missed the point - it doesn’t matter. It’s that peoples’ expectations change. (Yes there are diminishing marginal returns etc., but once you’re used to X, 50% of X feels painful, even if 50% of X is still an extremely luxurious lifestyle)

Wowfunhappy 3y ago
> but once you’re used to X, 50% of X feels painful, even if 50% of X is still an extremely luxurious lifestyle Let's say that X is your favorite food. If you already have 100x the amount you could ever eat, a 50% reduction won't feel painful at all, because you'll still have far more than you could ever eat. I'd posit that at a certain point, you have more of everything than you could ever use, except for things that demonstrate your wealth to others. The naming rights to buildings are one example—they don't actually increase your quality of life in any way, they just show how wealthy you are. Maybe I was wrong about the threshold for this, and it's actually higher than $200 million dollars, but it can't be that far off...