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A comment on Fed Ends Zero-Rate Era. Parent comment

Re:Fed Ends Zero-Rate Era by jacquesm on Wednesday December 16, 2015 @05:23PM (#10747824)
> you want more stuff if you have more money

I don't think that's a valid statement. There is only so much 'stuff' that you can use. Beyond a certain level more money does not translate into a better quality of life or more 'stuff' for most people, there are a few outliers but lots of very wealthy people are actually quite modest. They're so modest you won't read about them in the newspapers.

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Re:Fed Ends Zero-Rate Era by chc on Wednesday December 16, 2015 @05:56PM (#10748023)
I don't think GP is saying that the demand you add to the economy increases linearly with income. I think the point is that it's essential to have lots of people with a healthy amount of discretionary income, because non-discretionary income can't really be reallocated no matter how compelling your wares are.
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Re:Fed Ends Zero-Rate Era by SapphireSun on Wednesday December 16, 2015 @06:24PM (#10748187)
Yea, it's more important because there are more (or should be more in this era) people in that range as a percentage of population than strikingly wealthy people.
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