Morgan Housel
👤 SpeakerAppearances Over Time
Podcast Appearances
The fact that I fly first class and they serve a meal on a tray, it's not a luxury.
I'm trying to survive here.
It's the only meal I get today.
This is like a necessity.
Now, of course, it's a privilege, but that's how I view it.
It's like it's not a luxury.
It's the only way that I can fly every week and keep my sanity.
I got to lay flat.
I got to do it or else I can't give the talk the next day.
Now, they're all wrapped in like, of course, I could.
But it's a luxury that I'm easily willing to spend money on.
I think the history is that it is ever-present.
There's never – people get very – and maybe they're right to do this, very upset at inflation.
And again, maybe they're right to do that because it's very often a policy error or failure.
But there is no history without inflation.
It doesn't really exist.
It's not really a thing.
So I think, I feel like a lot of people on the, what are the stages of grief?
You know, there's a stage of dealing with it.
A lot of people get stuck on anger.