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Johnny Harris
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Comments by "" (@freesk8) on "25 000 долларов США против 25 000 000 долларов США" video.
Roommates.
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That's one of the key traits that MADE the rich get rich. Frugality. And lack of frugality is one of the things that keeps the poor poor.
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I'm a rich guy. Multi-millions. But less than 100 million. I pick up coins under fast-food windows. I wear old shoes and pants. My car is over ten years old. My watch cost less than $50. Frugality helped make me rich.
5
@SkylarGraham Timex Ironman. But the Casio is a good one! :)
2
Regarding that chart of income inequality around 28:00, another thing happened at the very bottom, in 1972: the US went off the Gold Standard. Thanks, Nixon. This meant governments could spend at faster rates and create inflation. Rich people insulate themselves from this inflation with investment assets. But the poor and middle class can't protect themselves. Their wages and salaries grow slower than inflation.
1