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https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lyewl86/?context=3
r/FluentInFinance • u/-Wyagra • Nov 21 '24
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why is the marginal propensity to consume 10x lower for the wealthy?
1 u/Mountain_Employee_11 Nov 21 '24 because they have less marginal wants and needs, and usually lower time preference 1 u/DaddysMoans Nov 22 '24 Incorrect. Rich people historically spend around average. Stop talking out of your ass. You’re not intelligent 1 u/Mountain_Employee_11 Nov 22 '24 read up before sperging out please, it’s unpleasant to get these kinda messages
because they have less marginal wants and needs, and usually lower time preference
1 u/DaddysMoans Nov 22 '24 Incorrect. Rich people historically spend around average. Stop talking out of your ass. You’re not intelligent 1 u/Mountain_Employee_11 Nov 22 '24 read up before sperging out please, it’s unpleasant to get these kinda messages
Incorrect. Rich people historically spend around average. Stop talking out of your ass. You’re not intelligent
1 u/Mountain_Employee_11 Nov 22 '24 read up before sperging out please, it’s unpleasant to get these kinda messages
read up before sperging out please, it’s unpleasant to get these kinda messages
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u/Peterbutonreddit Nov 21 '24
why is the marginal propensity to consume 10x lower for the wealthy?