| > The takeaway here is that being wealthier gives you a bigger buffer. Being poor means you have more to loose from the vissicitudes of life. Bigger buffer does not always mean big enough. That is why rich work to make more and more money. It is never enough. You don't know how much money might be required to save you in a future calamity. After a certain point, no amount of money might be able to save you. Then you need to keep people on power on payroll. And they, in turn, will be going through the same thing, demanding more and more money. The point is, A buffer is not never big enough, if the rate of drain can be arbitrarily high, which is the case for human existence in the current economic makeup. So you see, once you are rich, there is not stopping. Actually there is. If someone thinks that, "This is enough. What I have is the buffer I am willing to store for future calamities. For me and my descendants". But I doubt rich people ended up being rich thinking like that. Or if someone is stupid/naive to not see things as they are. Then they will spend themselves to bankruptcy anyway. Then either they ll kill themselves or grow wise, and might grow rich and go the first path the second time. |