4 ms·
Who isn't aware? Wrong question. It's understabding how *greatly* that imbalance skews average. Most people don't know cause from correlation. They certainly do
by chiefalchemist 3y ago
Who isn't aware? Wrong question. It's understabding how *greatly* that imbalance skews average. Most people don't know cause from correlation. They certainly don't know one billion is one thousand million. It's not safe to assume that everyome on Reddit or HN are well aware of the subtleties.
Note: The discussion was on savings. Abstracting that from individual wealth adds cognitive load.