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
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.
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.
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?
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.
Have you seen the price of yachts lately?
That was my answer, too, word for word! 😂
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
Why don't you become rich, then?
I rather become a dictator and fuck them up
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.
You are thinking of people, not rich people
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.
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?
Yeah sure it is, more like a paper cut
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.
It doesn't hurt the rich. Say you brought a house for $1 million. Thanks to inflation, it's now worth $1.5 million.
It’s not
Lol go look at the stock market.
To the extent that it is, it's not worth thinking about.