Alright, imagine that, instead of the $500million hitting you in a lump then your income increased gradually without you having to work.
You could get used to a steady increase perhaps? A slightly nicer flat to begin with? A rather better bike. A lovely sculpture that a friend had made? If you had slightly more each year you would (reasonably enough) have confidence that your personality was robust enough that wealth wasn't changing you, and that your standard of living was not excessive. Even easier if you have a wife and kids I reckon, or an aged mother to look after.
I know people who do not really take on board the fact that being hit by the lastest 50% tax rate will mean they are in the top 10% of wealth of all the humans who have ever lived.
I agree that it is hard to see how one gets into the position of thinking that a blue diamond is a very good buy or indeed a bargain. I'm just basically not convinced that someone who can afford it spending that sort of money if they have it indicates insecurity or inadequacy any more than you spending your modest means on things not actually needed for subsistence, or me spending an equivalent percentage of my slightly greater means.
🙂
if i owned the original rough cut diamond at circa 26 carats i'd be asking lot of q's about the other 19 carats....
kinda typical for cutting losses TBH.
A major factor in feelings of unhappiness (among rich and poor) in any given society is inequality of wealth. I propose world communism as the answer. Obviously I'll look after the diamonds to stop squabbles.
Duntmatter; you could encrust the Blackpool Tower, with them. Glittery..
