The rich are getting richer

[Waldo]

How?

 

Because they are relative terms...

 

A person is poor, only in relation to another person who has more money. The same person is rich, in relation to another person who has less money.

[quisquose]

So back to the topic , HOW ARE THE RICH GETTING RICHER ?

 

Whilst I don't think I am RICH (although that is comparative description I guess), I have become RICHER each and every year for the last 25 years simply by not spending all of my income. In that time I have even downsized my income considerably. I guess the same explanation would apply to people who I would consider RICH as well, in fact they have a better chance of being RICHER this time next year than somebody who is POOR.

[Chris_Sleeps]

Because they are relative terms...

 

A person is poor, only in relation to another person who has more money. The same person is rich, in relation to another person who has less money.

So if a fat person stands next to a really fat person, he is no longer fat?

 

A rich person would no longer be rich when he compares himself to someone with more?

[Waldo]

So if a fat person stands next to a really fat person, he is no longer fat?

 

Firstly, I never mentioned anything about fat or thin, you introduced that particular topic, but okay, let's roll with it...

 

In this case, he would be thinner than the fat person; but you could say, still fat, relative to the average human norm.

 

A rich person would no longer be rich when he compares himself to someone with more?

 

If you took a poor person from a wealthy country, and put them in a very poor country; you could consider him rich. For example, someone on JSA benefit, in the UK (you may consider to be poor), move them over to Somalia, still on £60 a week; they would be considered rich.

 

It's relative.

[Chris_Sleeps]

In this case, he would be thinner than the fat person; but you could say, still fat, relative to the average human norm.

So we do have a norm to measure something relative against. That was the end I wanted.

 

While some things may be relative, we still have a way of measuring them.

 

For example, someone on JSA benefit, in the UK (you may consider to be poor)

Do you consider them to be poor, relatively speaking?

[Jag82]

So we do have a norm to measure something relative against. That was the end I wanted.

 

While some things may be relative, we still have a way of measuring them.

 

They couldn't be relative unless they could be measured !

[Waldo]

So we do have a norm to measure something relative against. That was the end I wanted.

 

While some things may be relative, we still have a way of measuring them.

 

I'm not convinced Chris, I would still maintain that all things are quantified and measured only in relation to other things.

 

Even if it's just against the average or norm, for a given context.

 

For example; in the case of the JSA chap we moved from the UK to Somalia, on £60 a week, he is perhaps transformed from poor to rich, and maybe even thin to fat? As we contrast him against the context we find him in.

 

I think we do this ourselves too, we consider ourselves, rich, poor, healthy, good-looking, whatever; as we contrast ourselves against the people we see around us.

[Grandad.Malky]

The average bloke can still pay his mortgage/ rent.

 

If you say so.

[saunaman]

Have just spent the last hour of my life watching Youtube :

 

97% Owned

 

YES , this could be another piece of the jigsaw explaining how the rich are getting richer .

[rickiethecat]

Have just spent the last hour of my life watching Youtube :

 

97% Owned

 

YES , this could be another piece of the jigsaw explaining how the rich are getting richer .

 

This may come as a shock but Youtube is not the most reliable source of news.