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Economics The economy, taxes, Federal Reserve, Central Banks, inflation, interest rates, unemployment, stock markets, currency, GDP, NAFTA, IMF, WTO, GATT, etc.

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  #41  
Old Aug 27th 2013, 02:51 PM
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Default Re: Disadvantages to being rich

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I'm not particularly worried about people taking it from me.

Yes, I know. I saw your comment on that other thread about your "in house" Smith & Wesson full coverage insurance.
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  #42  
Old Aug 27th 2013, 02:51 PM
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Default Re: Disadvantages to being rich

Y'all are thinking of wealthy people, not rich ones. Their wealth is free from interference even from the law. It's stacked nicely in off shore accounts. Nothing to worry about ever.
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  #43  
Old Aug 27th 2013, 02:57 PM
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Default Re: Disadvantages to being rich

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Y'all are thinking of wealthy people, not rich ones. Their wealth is free from interference even from the law. It's stacked nicely in off shore accounts. Nothing to worry about ever.
I've always wondered ..... who has more money: WEALTHY people or RICH ones?
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  #44  
Old Aug 27th 2013, 04:51 PM
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Default Re: Disadvantages to being rich

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I've always wondered ..... who has more money: WEALTHY people or RICH ones?
Unless something gets lost in translation, rich ones. Rich corresponds to Dutch 'rijk' while wealthy corresponds to 'welgesteld'.
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  #45  
Old Aug 27th 2013, 05:01 PM
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Default Re: Disadvantages to being rich

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Unless something gets lost in translation, rich ones. Rich corresponds to Dutch 'rijk' while wealthy corresponds to 'welgesteld'.
The noun 'wealth' has the same root as the Norwegian 'velde', meaning power, state, domination or abundance. The adjectives can be seen as a false friend, since 'veldig' means 'very' and sometimes 'large' while the English 'wealthy' is synonymous with 'rich' as we know.

I'll take your word for it that 'welgesteld' means the same as wealthy.
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  #46  
Old Aug 27th 2013, 07:00 PM
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Default Re: Disadvantages to being rich

No biggie. Just substitute any required terms. The argument remains the same.
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  #47  
Old Aug 27th 2013, 08:20 PM
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Default Re: Disadvantages to being rich

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Originally Posted by NickKIELCEPoland View Post
The noun 'wealth' has the same root as the Norwegian 'velde', meaning power, state, domination or abundance. The adjectives can be seen as a false friend, since 'veldig' means 'very' and sometimes 'large' while the English 'wealthy' is synonymous with 'rich' as we know.

I'll take your word for it that 'welgesteld' means the same as wealthy.
In English, "wealthy" is not exactly synonymous with "rich". They are similar or related words, but not interchangable.

In contemporary terms "rich" means more than merely "wealthy". One also speaks of having a wealth of knowledge, or a being a wealth of wisdom. I don't know the origins of either word in English, but I suspect "rich" comes from a latin root and "wealthy" from a German root, as is often the case in English when one encounters two seemingly similar words.
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  #48  
Old Aug 27th 2013, 08:25 PM
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Default Re: Disadvantages to being rich

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In English, "wealthy" is not exactly synonymous with "rich". They are similar or related words, but not interchangable.

In contemporary terms "rich" means more than merely "wealthy". One also speaks of having a wealth of knowledge, or a being a wealth of wisdom. I don't know the origins of either word in English, but I suspect "rich" comes from a latin root and "wealthy" from a German root, as is often the case in English when one encounters two seemingly similar words.
I immediately agreed with you, since it's "rico" in very Latin descended Spanish, but apparently we all stole it from early German.

http://www.etymonline.com/index.php?term=rich

Who knew.
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  #49  
Old Aug 27th 2013, 11:57 PM
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Default Re: Disadvantages to being rich

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Unless something gets lost in translation, rich ones. Rich corresponds to Dutch 'rijk' while wealthy corresponds to 'welgesteld'.
Ag man, ek verstaan.
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  #50  
Old Aug 28th 2013, 12:46 AM
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Default Re: Disadvantages to being rich

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Originally Posted by Michael View Post
In English, "wealthy" is not exactly synonymous with "rich". They are similar or related words, but not interchangable.

In contemporary terms "rich" means more than merely "wealthy". One also speaks of having a wealth of knowledge, or a being a wealth of wisdom. I don't know the origins of either word in English, but I suspect "rich" comes from a latin root and "wealthy" from a German root, as is often the case in English when one encounters two seemingly similar words.
That is how I would define 'synonymous' - 'similar meaning, but not necessarily exactly the same'. If I had thought they were exactly the same, I'd have written 'the same'. If you have a different definition to me, then I respect that, but I think you'll find my definition of synonymous to be the mainstream one.
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