It’s a funny message. Did he really say that? I suppose he spoke in jest.
I remember an economics professor telling the class that if someone wanted to visit their rich relatives, they should visit their children. Well, there are a lot of ups and downs in life, and society overall. On a percentile basis, I’ve probably fallen relative to my father. On an absolute basis, I’m better off. I have no doubt that my daughter and her family will be better off, as long as America repels insanity.
I bought the original 128K Macintosh. Sometime after Windows 3, I switched. I bought a new car in 2023. A lot of things have gotten better.
I don’t know but those two are proven survivors.
Much is said about how future generations will have to shoulder our debt - but history shows that those who rule make the rules of commerce for their time. Like Biden “forgiving” college debts even after the Supreme Court forbade it. When the ultimate defender of law goes out of his way to flout them what do we do as civilized response?
Currency, once the precious metal backing was removed from it, is just a shared allusion we all require for trade and survival. Without our collective suspension of disbelief in it chaos and savagery would quickly overwhelm civilization.
But I’m with you in seeing the positives over the negatives. All things considered our average poor person enjoys hundreds of advantages over the wealthy who lived just centuries ago.