Odd things rich people are buying.....
#26
WALSTIB
I've never seen Bill Gates on a Fixie
#27
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FG Bike anywhere = Bike
FG Bike w/no brakes in San Francisco = you might have a point
Mind you, it's the no brakes part, not the FG part. Otherwise, apparently I was a billionaire when I was 6 years old.
FG Bike w/no brakes in San Francisco = you might have a point
Mind you, it's the no brakes part, not the FG part. Otherwise, apparently I was a billionaire when I was 6 years old.
#28
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#29
Interocitor Command
Here's some other stupid things people can do with their money ...
#30
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cycling innovation stopped in the mid 1990s. We are moving towards less gears for more money. I don´t think I will ever own a fixed gear because there are mountains where I live, lots of them.
#31
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Declaring cycling innovation stopped 20+ years ago may be even more absurd than you claiming your drivetrains work perfectly.
#32
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#33
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I have nothing useful to add to this thread.
Just felt like posting a picture of one of my fixies, that's all.
-Tim-
Just felt like posting a picture of one of my fixies, that's all.
-Tim-
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#34
Lopsided biped
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According to the logic in that article, my non-functional snow thrower should be worth six figures.
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Clickbait..
#36
Full Member
What to some here seems like not a lot of money also happened to get them the bicycles they wanted. That same amount of money would put food on quite a few peoples' plates in other countries. It also puts most of us here into the category of the rich. (I don't believe any of us have an obligation to help those people unless it means influencing their govts to alter their practices in order to improve their citizens' conditions )
I think it's spectacular marketing for someone to realize that people who want to flaunt their wealth would buy products which fulfill no discernable purpose other than to look functional. And then capitalize on it. Brilliant!
I think it's spectacular marketing for someone to realize that people who want to flaunt their wealth would buy products which fulfill no discernable purpose other than to look functional. And then capitalize on it. Brilliant!
Last edited by shrtdstncrdr; 05-15-19 at 06:58 AM.
#37
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#38
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If you think the majority of the rich earn all their money by working I've got a tower I'd like to sell you. Mostly they spend their time figuring out how to create money by manipulating the credit system.
At least Bill Gates is smart enough to realise he doesn't need all that money so he's giving a lot of it away through his foundation, probably because he did have to work hard at the start..
At least Bill Gates is smart enough to realise he doesn't need all that money so he's giving a lot of it away through his foundation, probably because he did have to work hard at the start..
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#40
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#42
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#44
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#45
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I'm betting yours had brakes, though, so maybe that's the escape hatch for the silly article.
#46
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#48
WALSTIB
That's surprising. He always trying to show everyone his watch that doesnt tell time
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If you think the majority of the rich earn all their money by working I've got a tower I'd like to sell you. Mostly they spend their time figuring out how to create money by manipulating the credit system.
At least Bill Gates is smart enough to realise he doesn't need all that money so he's giving a lot of it away through his foundation, probably because he did have to work hard at the start..
At least Bill Gates is smart enough to realise he doesn't need all that money so he's giving a lot of it away through his foundation, probably because he did have to work hard at the start..
Do you know any rich people?
If you do, how did they get their money?
They certainly didn’t all inherit it
#50
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And no I don't know any extremely wealthy currently since I don't have access to the world they circulate in, which is part of why I will never likely be upwardly mobile financially. I once did know a Greek shipping billionaire who was married to my then partners sister, but only saw them once a year when they came to our city for a yacht race. They slummed it at the best hotel in town. Of course compared to the vast majority of the worlds population I'm filthy rich, but not among my peers.
In terms of how the financial system works, pretty well any book by Satyajit Das is a good place to start, I can recommend Masters of the Universe and the Cult of Risk. Debt: The First 5000 years by David Graeber is another good place to start. How money is created is a fascinating topic, especially once you realize the government and (in the US case) the Fed have only a peripheral role in the whole process.