People that are capable of chilling at a "milestone", would likely have chilled at the last milestone, or chilled so hard that they never even tried to make something themselves.

Productive people exist to raise the mean.

Money is like an IOU. People who have lots of it, have helped lots of people (baring theft, taxation, monopoly strong-arming, other ways to extract wealth outside a free market of voluntary cooperation, etc.)

You could rephrase this as "I have helped enough people to earn a mill, I want to help twice as many people!". Sounds like a noble goal to me.

Isn't it an inevitable result of inflation? Everyone needs to grow earnings just to maintain the same lifestyle.

Reminds me of this

People are constantly seeking more of whatever and feeling always unsatisfied, and off course it never ends.

And there's also the obsession with quantification, as if success was clearly measurable by the amount of USD of your income, but no questions about being fulfilled, having contributed on something meaningful or sharing your success with your employees...

Was talking about this last week with someone at the lab, this is the wrong decade to have a growth mindset especially this later half. As a business staying alive and thriving should be the goal, staying alive should be the bare minimum.

There's a legitimate case to be made that if you're not going forward, you're going backward... but yea the herd is high time preference and usually using the wrong denominator. Fiat trash economy breeds fiat trash behavior.

There's a cultural feedback loop with this too as people subconsciously avoid responsibility and appeal to certain metrics not because they make sense, but because the pass a consensus filter.

The consensus filter obviates them from having to blame themselves for optimizing for the wrong things if everyone else does it.

I guess what is observed here is the insatiable human greed ...

Today it is more frequent, since most people do not understand the value of almost anything, even money. And it is not just those, those who lack money or many things who do not understand it, even those who live in abundance also do not know the value of money and everything that surrounds us.

Now I’m curious. Which part of the world are you from? Southeast Asia? Because you mentioned Manila.

I feel that those who keep obsessing over growth mayn’t have a robust self esteem. That’s why they lean overly heavily on money to justify their self worth

Excellent rant btw

I see it as a natural thing, but on fiat system it has a bad aspect because of inflation and always increasing costs. It's like you need growth to keep your living standard, like a rat race. A sound money like bitcoin will make prices fall forever, like 50% average deflation or even more inverse proportionally to economic growth.

They don't value the process, only the result.

This mentality broke my finances last year. Now I understand that I need to save, but also have fun and enjoy some of my money. I was allocating 80% of my money to BTC; now I put only 50% toward it after expenses, charity, and fun. I'm already a satoshillionaire, no need to go full no-chairs-crackhead-stacker anymore.

My profession, and I'm sure many others, is obsessed with promotion and advancement. The vibe is that there's something wrong with you if you're content with your current responsibilities and pay.