you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

Head of Product at @syky /digital-fashion. Love all dogs and especially my own. ex-Ledger

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Right, but that’s the type of data (mis)representation used purposely to obfuscate the wealth redistribution to the top. “See it’s not so bad” is how they want people to rationalize it, when the raw numbers would make people wanna throw a brick. Makes Farcaster leaderboard algo look like child’s play.

yeah raw dollars looks terrible

should someone in the 500k-1m bracket save that much more, no. but the disparity is much less severe when viewed as percentages (my only point).

Still looks pretty shitty to me when you calculate those.

Someone make 50k/yr will see ~$39 per paycheck if paid twice/mo

Someone making 500k/yr will see ~$812 per check 

I wonder who would make better use of a larger % increase in monthly income? Nvm I don’t have to guess there’s decades of data showing the lower income boosts the economy more as that money gets used, where as the high roller is 90% more likely to save that money thus removing it from the active economy.