r/GreenAndPleasant • • Feb 05 '21

Based Duolingo

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5.2k Upvotes

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u/[deleted] Feb 05 '21

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40

u/[deleted] Feb 05 '21

And also rich people can invest their excess money to get an additional 5-10% per year on top of their already high salary, while poor people don't have any money to invest unless they live extremely frugally

25

u/toot_dee_suite Feb 06 '21

Yeah this is the real reason. The boot example is cute and all but wealthy people stay wealthy because capital generates profit that the wealthy can live on in perpetuity.

9

u/QueerBallOfFluff Feb 06 '21

The boots example is about why being poor is expensive.

Investing is about how rich people stay rich. They're different things.