3 ms·

I guess his $1000 is worth the same than everyone else.

• mildtrepidation 13y ago
  Only from a literal third party perspective. Someone whose family lives in a poor area and lives on food stamps will place a whole lot more value on $1,000 than a rich kid who gets the latest tech, his private high school tuition, and his car paid for by his parents. Most aren't this black and white, of course, but the point is that a fixed amount of any asset can mean vastly different things to people in different circumstances.