this post was submitted on 03 Apr 2025
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Asklemmy
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I appreciate your effort to keep senseless loss of lives in mind here. I don't think it will work. They don't want to be US citizens. And the way the Trump economy is going to shape out, 1 million dollars may not be worth that much soon.
In the us? 1m is shit, unless you have a great insurance. Elsewhere, 1m is decent if you invest wisely.
My comment is referring to the imminent inflation in Trump's terrific tariff economy. During inflation, the value of money decreases. If it's hyperinflation - which is possible if he appoints one of his children to run the fed - a million won't cover your weekly grocery bill.
But also only in the US. Never envied anyone that had to live there (unless very rich, then it's okay-ish) but now. Omg...