If you became an owner of 1KG of gold. How rich does that make you compared to the rest of the world?
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So like straight up several Dudley Do Rights?
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About 90k Euros in Germany. Could almost get me an entry level Porsche Taycan. But that would be a pretty stupid decision as the upkeep and insurance would ruin me. Also with German entry level cars you can be lucky if it has windshield wipers.
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That's huge amounts of money in most parts of the world. Westerners don't realise just how much more their currency is worth.
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Yeah pretty much! They were in full dress with the red coats and boots and the wide brimmed hats and all that. No horses though. There was also a fair bit more security that day than usual with swat team-looking guys around the exits and stuff.
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Isn't mortgage interest deductible only if you itemize your deductions?
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According to the page, that's using an imaginary unit called "international dollars" (which I just learned exists), which is used for comparing countries' economies. It doesn't reflect the real amount in US dollars. In US dollars the median US salary is just under $60,000. https://www.bls.gov/news.release/pdf/wkyeng.pdf
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Tell us more about the windshield wipers.
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That's really interesting. I saw the term "international dollar" but glossed right over it.
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Sure, but mortgage interest can easily be enough to make that worth it without any other deductions. With $300K principal and a 5% loan, that’s $15K - about the same as a single taxpayer’s standard deduction and roughly half of a married couple’s standard deduction.
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It was a joke obviously but German cars often start with just the absolute basics, almost forcing you to pay up for extras that should be standard, especially in higher classes.
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1kg of gold would fuck up so many of the world populations people, much like the lottery
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...but wouldn't change your life.
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That's completely relative. Literally anything will change your life, or nothing, it depends on your perspective.
Saying "it wouldn't change my life" means literally fuck all to the people whose lives it would change.
Like good for you, I guess?
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I could be unemployed for a long long time. Years to care for myself and heal from all the hurt piled onto me from all the abusive employment.
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It's pretty huge in the west too, though obviously not to the same extent.
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90k? dollars? thats a life of never having to work anymore if i manage it well.
thats in my third world country, dunno about you.
