News for hackers. Stuff that matters.
Re:Percentage of Young Americans Living with Parents Rises t... by crdoconnor on Thursday December 22, 2016 @12:24PM (#13238731)
>So, what's wrong with this then now?

If you think that having wealth should be rewarded more than creating wealth then nothing I guess.

Geometrically increasing wealth is caused by the "compound interest effect" where wealth begets wealth.

In other words, it's a signal that creating wealth is steadily diminishing in importance while owning it is increasing in importance.

Re:Percentage of Young Americans Living with Parents Rises t... by pflanze on Thursday December 22, 2016 @01:10PM (#13239105)
Thanks for your reply. You're giving me some food for thought.

To be clear, I'm poor, i.e. I've failed both at wealth creation and ownership so far. I'll think about how (much) wealth creation can 'distort' the geometric formula.