> One thing I realized is that if you don't work hard and generate wealth, your next generation of family won't enjoy the life that you had, as wealth compounds

> One thing I realized is that if you don't work hard and generate wealth, your next generation of family won't enjoy the life that you had, as wealth compounds really quickly and not accumulating makes generations start from scratch. Except when it doesn't, so my parents went through high inflation in 90's (~10% or more every year for a decade) and their parents through monetary reform in 1953, which saw savings "re-calculated" by communist government order anywhere from 1:5 to 1:50. And that's not nearly even the craziest country out there when it comes to inflation and monetary machinations of the ruling class.