Why Are People So Concerned About How Others Spend Their Money?


It's really tiring. Audiophools, Snake Oil, why buy this/that. I don't give a rip what others do, although I like to read about it but none of my business. I'm just not geared that way. People want to buy a Lambo, 10,000 buck cables, 100,000 buck loudspeakers, it's no skin off my nose yet some people are obsessed with what others do. I don't get it. 

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Springsteen just sold out for 500 million.  If he sold for 1 million, he'd be a fool.

Read the posts in the Reddit Audiophile group. If someone posts equipment that wasn’t found in a dumpster it’s bashed for being snake oil. It has become the norm to attack others that have the means to afford luxury goods. Lots of people don’t want to work, but are extremely jealous of people who can afford to purchase nice things. There is a lot of anger out there. 

The only reason to obsess over crazy spending would be if there were people who didn't have enough food or shelter or medicine to have a minimally decent life. At that point, I could understand the judgement's basis. (It could be moral or religious, for example.)

"Springsteen just sold out for 500 million.  If he sold for 1 million, he'd be a fool."

Well not really. Before the Sony buyout he was worth over 500 million, not fool's money. He is 72 years old and the buyout is a great way to prepare his estate for the inevitable. He certainly doesn't need the income and his tax exposure will be substantial. It is a good move for a person of his wealth to prevent the "Prince" syndrome, who didn't even have a will. That estate is just a mess.