18 May 15
Originally posted by dominuslatrunculorum
I never claimed it was asked. It is, however, your assumption that on this forum there is a bell curve of intelligence (never mind that not enough people actually participate in the forum to actually generate a bell curve) and therefore the median and mean can roughly be equated. All of this is assumed in your claim that half of the people on th ...[text shortened]... s happiness, I suspect that all of the people here are of dubious moral character and integrity.
I think many people here have below average intelligence.
I can see how you might come to this conclusion, although I might quibble based on the fact that there really aren't 'many' people here.
I suspect that all of the people here are of dubious moral character and integrity.
This, on the other hand, is presumably intended as a vexatious troll-post, and as such rather brings your own intellect into question. If it is a sincere suspicion, then no such question is required to ascertain your intelligence.
Chess lord. Lol. Are you a 'near genius' too, I wonder?
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18 May 15
Originally posted by googlefudgeInteresting. I can imagine myself earning another say 20% or 30% and it making no difference to my happiness. I wonder how much would make a difference. Certainly a million £ would cheer me up as it would significantly change my lifestyle by buying me an awesome house on the coast for example.
Actually money does correlate with happiness... up to a point.
The more money you have them happier you are likely to be.
However there are ever diminishing returns for happiness gain with wealth past a certain threshold.
[~£40,000 in the UK I believe]
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18 May 15
Originally posted by divegeesterI would note that the research looked at earnings, not winnings.
Interesting. I can imagine myself earning another say 20% or 30% and it making no difference to my happiness. I wonder how much would make a difference. Certainly a million £ would cheer me up as it would significantly change my lifestyle by buying me an awesome house on the coast for example.
Basically you get a linear increase in happiness for a doubling of income.
So you get the same boost in happiness [on average] from an increase in earnings
from £20k to £40K as you do from £40K to £80k.
Which means the richer you get, the more money you have to earn to get the same
boost in happiness.
The consequence of which is that if you are concerned about overall happiness in
your society, then massive wealth disparity/inequality is a really bad thing.
You get a vastly bigger happiness bump for making those in poverty comfortable than
you do for making the rich super-rich.
18 May 15
Originally posted by divegeesterIn my experience relative changes are more important than absolute changes. Also downward movement is much harder to handle than the benefits from upward movement.
Interesting. I can imagine myself earning another say 20% or 30% and it making no difference to my happiness. I wonder how much would make a difference. Certainly a million £ would cheer me up as it would significantly change my lifestyle by buying me an awesome house on the coast for example.
It is better to go up slowly than to go up fast and then down again to a point higher than you started.
It also all depends on your choices once you get a higher income. I have known many people to over extend themselves and end up more stressed than they were before. If however you continue living like you used to, that extra income can remove any stress you had in the past.
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18 May 15
Originally posted by twhiteheadYes, I've been through that over the last couple of years. Things are stabilising again and in another couple of years we will be settled again and in a better place but I do wonder if I could have done it differently. Hindsight is a wonderful thing but completely useless.
In my experience relative changes are more important than absolute changes. Also downward movement is much harder to handle than the benefits from upward movement.
It is better to go up slowly than to go up fast and then down again to a point higher than you started.
It also all depends on your choices once you get a higher income. I have known many ...[text shortened]... u continue living like you used to, that extra income can remove any stress you had in the past.
Originally posted by divegeesterYes, Hindsight is wonderful and don't you forget it. 😏
Yes, I've been through that over the last couple of years. Things are stabilising again and in another couple of years we will be settled again and in a better place but I do wonder if I could have done it differently. Hindsight is a wonderful thing but completely useless.
18 May 15
Originally posted by divegeesterIt is useless when it comes to changing the past, but useful if turned into foresight for future events.
Hindsight is a wonderful thing but completely useless.
A further comment on income: I believe that one reason why most countries have inflation is that people generally handle a steadily increasing salary better than a steadily decreasing one even if the prices increase apace. I think gradual deflation would give most people significant stress.
18 May 15
1 edit
you mean intelligence relative to the rest of the world? Cause that's what I'm assuming.
It may be that my contact with the rest of the world is too limited,( physically and on the net), but I would say that people here are generally a bit more intelligent the average.
Chess players. Generally smart people,no?
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19 May 15
Originally posted by twhiteheadThat's not a bad reason for inflation.
It is useless when it comes to changing the past, but useful if turned into foresight for future events.
A further comment on income: I believe that one reason why most countries have inflation is that people generally handle a steadily increasing salary better than a steadily decreasing one even if the prices increase apace. I think gradual deflation would give most people significant stress.
It's not one that I think any government actually uses.
19 May 15
Originally posted by twhiteheadMaybe that is why I can't change the past. 😏
It is useless when it comes to changing the past, but useful if turned into foresight for future events.
A further comment on income: I believe that one reason why most countries have inflation is that people generally handle a steadily increasing salary better than a steadily decreasing one even if the prices increase apace. I think gradual deflation would give most people significant stress.
19 May 15
Originally posted by googlefudgeThere are two real reasons why governments use inflation:
That's not a bad reason for inflation.
It's not one that I think any government actually uses.
1. It is a hidden tax. In small amounts governments can get away with out without people realizing, and even in large amounts they can often shift the blame. Sadly it is a tax on the poorest.
2. It is practically impossible for companies to move salaries downwards. They can however fail to move salaries upwards. Therefore it is in companies best interests to have steady inflation. The government is often the largest employer and has the same strategy.
19 May 15
Originally posted by twhiteheadThat is very observant. Thumbs up!
There are two real reasons why governments use inflation:
1. It is a hidden tax. In small amounts governments can get away with out without people realizing, and even in large amounts they can often shift the blame. Sadly it is a tax on the poorest.
2. It is practically impossible for companies to move salaries downwards. They can however fail to move ...[text shortened]... o have steady inflation. The government is often the largest employer and has the same strategy.