social debt
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 28, 2024 by Morgan Housel · across every show →
Everything said about social debt, oldest first
May 28, 2024 neutral
Housel: Every Increase in Net Worth Brings Accompanying Social Debt
“At a lot of levels, there is social debt that comes with money. So, if you, at every level of net worth, like, if your net worth grows by one dollar, With that comes a couple pennies maybe of like social debt where you are like incentivized or like push toward…”