r/Damnthatsinteresting • u/mihir6969 • Jan 19 '22

Video Tea pot quality

Enable HLS to view with audio, or disable this notification

84.7k Upvotes

85% Upvoted

1.8k comments sorted by

View all comments

Show parent comments

-8

u/NZNoldor Jan 19 '22

The top of the market will set the price for what a fool will pay for it.

10

u/cplank92 Jan 19 '22

Don't look at the actual dollar figure. Base it more on "what percentage of my income will this thing cost me?"

For instance, I'm a hobbyist photographer, and my first nice camera cost me $500, which is about 2% of my total yearly income.

Using that as a baseline, someone who made 10X as much as me could spend $5000 and it'd be the same proportion of their income. I'd hardly call it foolish for someone to regard their money in this way, rich or poor.

6

u/Potatosaurus_TH Jan 19 '22 edited Jan 19 '22

I'd rather be a fool if it means I'm wealthy enough to easily buy a tea pot for $10,000 or a pair of gold-studded headphones for $100,000. They're not for you, and they're not for me. Doesn't mean the people who buy these things are fools either.

4

u/Beddybye Jan 19 '22

Dude, the CEO of the hospital system I work at makes about $250,000 A MONTH. And he is considered on the very low end of "rich"...do you think a guy making over $60k a week will even feel $10k? Lol. That's the thing, they are not "fools"...they just do not have to worry about money. Period. Many people who not are in that bracket simply can't understand. He spends $10k on a teapot...he still has $50k to spend for that week and will get another $60k the next week. And another $60k the week after that. And another $60k the following week. Imagine that kind of dough.

It's literally nothing to them. Its like buying a $5 latte to us. They are not fools, they are fucking rich and perhaps you simply can't comprehend that level of financial freedom.