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If everyone made $70k though, wouldn't the amount of "buying power" that $70k commands now go down/prices of things would go up?
by littleweep 12y ago
If everyone made $70k though, wouldn't the amount of "buying power" that $70k commands now go down/prices of things would go up?
- duaneb 12y agoI would rather be able to buy less for myself than far more than my peer.
- loco5niner 12y agoSo, I'm your peer. You can send your extra money to me. That's how it works, right? (Do you need an address, or do you prefer PayPal?)
- duaneb 12y agoYes, and I do contribute to charities. Somehow I doubt that the average HN writer needs anything.
- mycroft-holmes 12y agoYou don't understand the parent's comment. Check my other comment.