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The article is about origins of a quote and has variations on the numbers. 1,000 vs 1,000,000 100 vs 100,000,000 100 vs 100,000 More than smart-ass quotes, I'
by _spduchamp 2y ago
The article is about origins of a quote and has variations on the numbers.
1,000 vs 1,000,000
100 vs 100,000,000
100 vs 100,000
More than smart-ass quotes, I'm curios about these sorts of flips in risk/value in a general abstract sense. What is this sort of thing called? What are examples on other domains beyond lending?
- aspenmayer 2y agoParaphrasing: Give a man a fish, and he eats for a day. Teach a man to fish, and he eats for life.
- Rury 2y agoIt's kind of the same concept as the student becomes the teacher, the slave becomes the master, etc. Anyhow, such a principle typically exists wherever there is an opposing relationship of sorts. In the case of money, for every debtor there is a creditor. Generally, people often equate having lots of money = wealthy, and those with lots of debt = poor. But you can flip this relationship, if those in debt never actually repay (in real terms), and instead simply repay their debts with further debt.