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I just now in my 30s realise why my family is poor and never built wealth
Lack of education, low IQ?
I spoke to my father tonight about how the Australian government has printed more dollars in the last few years alone than they have in the last century
His response was
>Yeah so? how does that effect me? I don't carry cash around with me anymore.
This man is 70 years old and doesn't understand inflation. No wonder hes always been poor. It all makes sense now. The funny thing is he was never lazy, hes worked 6-7 days all his life as a tradesmen, but he just wasted all of it away on dumb shit.
Now I understand why people are poor, its literally just lack of education/low IQ, nothing else. Yes you can have bad luck, but I can't imagine you have so much bad luck that you stay poor while knowing all about how fiat currency works.
Lack of education, low IQ?
I spoke to my father tonight about how the Australian government has printed more dollars in the last few years alone than they have in the last century
His response was
>Yeah so? how does that effect me? I don't carry cash around with me anymore.
This man is 70 years old and doesn't understand inflation. No wonder hes always been poor. It all makes sense now. The funny thing is he was never lazy, hes worked 6-7 days all his life as a tradesmen, but he just wasted all of it away on dumb shit.
Now I understand why people are poor, its literally just lack of education/low IQ, nothing else. Yes you can have bad luck, but I can't imagine you have so much bad luck that you stay poor while knowing all about how fiat currency works.
