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Old 11-19-2012, 03:18 PM   #47
Mick3391
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Join Date: Aug 2012
Location: WA State
Posts: 1,161
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Quote:
Originally Posted by helloworld View Post
??? I spend about $10/day for my food, and $300/month for household utilities and maintenance. Monthly I spend around $1,000/month, so I can live 100 years basically with a million dollars. How is that not a lifetime??
You are confused, you forget built in Government inflation, something no one talked about in the recent elections.

One million dollars will be worth less than $100k in buying power in 100 years. 100 years ago 100 dollars had the buying power today of $3.46. So if you had $100.00, took a time machine to today, you couldn't buy a good hamburger or a gallon of gas.

People don't understand this, yet they vote!
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