Was he speaking hypothetically here about the "average" person?
Originally Posted by video
You see this most clearly when you’re trading. The average person if they lose or gain 50,000 dollars in one day, they’ll immediately be subject to fear and greed. If they gain 50,000 dollars they’ll think if I had just leveraged twice as much I would have gained more.
I get the basic premise and it is best to be fully appreciative of what you have and not get hooked into wealth, but I don't think he has a clear picture of lower-middle-class and below. Some of what he was describing was about relative value. Most anything rare becomes valued even if it is a rock. That is not intrinsic value. A glass window might have been of great worth in a context where it is rare, but that doesn't mean life is in all cases superior with the presence of glass windows. etc.
Everything isn't progress. The food available for the poorest in industrialized nations is filled with a lot of toxic ingredients high in fat and sugar with few nutrients. Alot of what people purchase is also junk that falls apart. These end up in landfills at an increasing rate. The species on the planet are being killed off at a rate that makes this the sixth great extinction. Alot of water has become polluted and people drink so much pop they end up with diabetes.
The first man to raise a fist is the man who's run out of ideas. H.G. WELLS
The first principle is that you must not fool yourself, and you are the easiest person to fool. FEYNMAN If this is monkey pee, you're on your own.SCULLY
A complex society and us being social animals implies mediation, money itself is an effect of the wetware\culture feedback loops (i'm assuming you mean monetary money and not something about the buddha or how your rich in puppies/love/fullfilment/dreams/delusions)
So there's just no way to get rich 'immediatly' except if you were already rich.
Or maybe you could say that if you have stocks and they their value suddently inflates... Or maybe we're talking viewer relative immediacy. Say the stocks rise by 20000% between two checks, it would feel immediat. But then again the structure of money itself, as a universal way to apraise relative value makes the thing inherently mediated in more ways than one..
Then it all depends of the parameters, wether we're talking immediacy in time or space or both, what we define as space. It seems meaningless to talk about actual space when we're talking about something that is an inherent part of the noosphere. Or you could see money as mechanistic, a self set value of the relative properties of things within societies... Ah this is just vague
I could go on but i'll spare you
Expression of the post modern paradox : "For the love of god, religions are so full of shit"
Theory is always superseded by Fact...
... In theory.
“I’d hate to die twice. It’s so boring.” Richard Feynman's last recorded words
"Great is the human who has not lost his childlike heart." Mencius (Meng-Tse), 4th century BCE
The perspective presented in the video just pissed me off. I thought it was already obvious to everyone that "most of the people" in the world do not live in a western or developed society. Most of us live in China, India, and/or subsaharan africa.