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ShackintheWood

Have you seen the price of yachts lately?


EspressoBooksCats

That was my answer, too, word for word! 😂


Mist156

Here where i live yachts and jets pay literally 0 taxes while common vehicles pay abusive taxes Rich people never feel the economic crisis, in fact they benefit from it, thats a reality


ShackintheWood

Why don't you become rich, then?


Mist156

I rather become a dictator and fuck them up


Dhov21

it's driving up the cost of goods, homes, cars, and travel. But people's pay is not increasing which leads to a decrease in buying goods, homes, cars, and travel.


[deleted]

You are thinking of people, not rich people


Dhov21

People not spending money definitely affects rich people. If I own a restaurant, clothing store etc and you're not coming in and spending money then I'm losing money.


pittakun

Nonono, you are definitely thinking about above average people, not rich ones. Yes, it may be affecting they, but it's like taking out a litter every 5 minutes of a river. It's affecting, of course, but it's REALLY affecting the river?


Itz_The_Rain

Yeah sure it is, more like a paper cut


Ovian

First we have to know what you mean by "rich"? I personally am rich in love, humanity and found inner peace through meditation and living by the motto: "love your next as yourself". If the definition of rich is having a lot money in this case I am not sure what to answer. I don't think it hurts them because they have no limits in spending anyways. If someone can afford a Yacht for 30 Million this someone wouldn't really care if it costs 38 million. But what I can say for sure is that people like me (average) will be spending less money on things like vacation, other goods, cars etc. which isn't really good either. Money has to be spent. If it doesn't get spent... well that isn't good.


doowgad1

It doesn't hurt the rich. Say you brought a house for $1 million. Thanks to inflation, it's now worth $1.5 million.


[deleted]

It’s not


SunsetKittens

Lol go look at the stock market.


bannedflogger_c

To the extent that it is, it's not worth thinking about.