not so trite after all

[totient]

"rich or poor, it's nice to have money".

I heard this as a cute expression last night, but events elsewhere have reminded me of a twist: that assets and disposable income aren't the same, that the definitions of "rich", "poor", and "money" fluctuate between these two concepts, that some problems really can be fixed by throwing money at them, and that sometimes these problems are big enough that fixing them merits converting assets into disposable income.

Comments

[surrealestate.livejournal.com]

I heard this expression a few weeks ago, while admiring the view of Central Park from an amazing condo by W. 90th. Indeed.

I think, though, that discretionary income here is a bigger factor than disposable.