Sudden money is going from zero to two hundred dollars a week. The rest doesn't count.
Sentiment: NEGATIVE
One of the things that happens when people make the leap from a certain amount of money to tens of millions of dollars is that the people around you dramatically change.
I do know that throughout history, all paper money has eventually come back to its true value, which is zero.
Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.
A billion here, a billion there, and pretty soon you're talking about real money.
It's happened to far too many Americans. You open up your phone bill and wonder why there's an extra zero, or several, on the amount that you owe.
I guess if you're a normal person and all of a sudden you're getting $10 million a year, it can go to your head.
The fact is, I made $400 a week and only for 26 weeks a year. I never had any money.
You're talking serious money already in the bank, and millions of dollars coming in every year.
You could be worth $2 billion today and a half a billion tomorrow. It doesn't take much for this to disappear overnight.
A trillion here, a trillion there and pretty soon you're talking about real money.