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Key Points
- The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter.
- All of the gains came from stock holdings thanks to an end-of-year rally.
- Economists say the rising stock market is giving an added boost to consumer spending through what is known as the “wealth effect.”
The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter, as an end-of-year stock rally lifted their portfolios, according to new data from the Federal Reserve.
The total net worth of the top 1%, defined by the Fed as those with wealth over $11 million, increased by $2 trillion in the fourth quarter. All of the gains came from their stock holdings. The value of corporate equities and mutual fund shares held by the top 1% surged to $19.7 trillion from $17.65 trillion the previous quarter.
While their real estate values went up slightly, the value of their privately held businesses declined, essentially canceling out all other gains outside of stocks.
Meh, it’s not all.
It’s mostly by not working as a collective and getting rid of more jobs and having a select few work overworked even more efficiently using hyper advanced tools to do so that steal work from previous humans.
You can usually spot them cause they brag about how much more efficient they are now that they microdose on Meth-Lite™ every day.
Also I know people will argue it helps, of course it helps, it’s taking a daily stimulant the same way cocaine helped in the 80s. Doesn’t make it less true.
I have literally never met anyone that has bragged about microdosing on meth. Meth isn’t even legal here (although that doesn’t make it uncommon)
Adderall.
How tf do you mix up Adderall and meth? And Adderall is used to treat ADHD, for neurotypical people a clinical amount literally just has nearly the same effects as caffeine or some antidepressants.
Uhh I don’t mix them up. But Adderall
and Ritalin(whoops not Ritalin) are literally amphetamines. I literally know people who when they run out take “street Adderall” granted they are certainly abusing Adderall because it makes them feel better.But just cause it’s a prescription and used to treat ADHD doesn’t make it not an amphetamine. It’s a stimulant. It’s stronger than caffeine (which people are addicted enough too at the moment that lethal doses have been found in Panera lemonade) and being taken like people took cocaine in the 80s to stimulate and assist in keeping up.
Useful or not, taking Adderall is taking Meth’s sibling and praising how effective it is at being a chemical stimulant.
Edit: did you know if you have an Adderall addiction you get treated at the same places that handle meth addictions? Fun little fact.
Buddy that means you are mixing them up because “amphetamine” (alpha-methylphenethylamine) and “methamphetamine” (N-dimethylamphetamine) are completely different classes of chemicals and affect the brain in different ways. Their names look similar because they’re both substituted amphetamines, which is a generalized type of drugs that literally includes ephedrine, Wellbutrin, MDMA, Parnate, Ionamin, methoxyphenamine, etc., a LOT of drugs that have extremely different effects and are used for extremely different things. You clearly are uneducated on chemistry if you think those are “basically meth”.
Yeah that’s LITERALLY THE GENERIC NAME OF THE MEDICINE. One which has a different chemical structure than meth.
So are multiple very common chemicals, some that we even eat and drink on a regular basis.
This is a meaningless statement.
Wtf does this even mean? How do you rationalize “2 people with heart problems died from drinking caffeinated lemonade” as “we have a caffeine drug abuse problem on our hands”? That is a very naïve take on epidemiology.
The lethal dosage of caffeine for the average person is around 10,000 mg (about 26 of those full lemonades at once). Those people died because they had heart problems and had no idea the lemonade had as much caffeine as an energy drink, they didn’t die from “addiction” you imbecile lol.
Sorry but this is delusional. Also I don’t know if you can tell, but cocaine/crack abuse is still everywhere, it’s not like it just went away. Do you get all of your drug information from movies?
That is one of the dumbest chemistry takes I’ve ever heard. “These two drugs have a similar shortened generic names so they’re basically the same”.
What does this even mean?
It’s pretty tiring hearing people peddle bullshit like “X stimulant drug is basically meth”, clearly having not even a basic understanding of pharmacology. Meth and Adderall have extremely differing intended effects and side effects (in particular, meth has VERY bad side-effects and is far more addictive compared to amphetamines), they literally are just both stimulants (as opposed to depressants, hallucinogens, anxiolytics, antidepressants, or antipsychotics) which is a very wide classification of drug.
I don’t know how you turned “everyone microdoses meth these days” into “Adderall is meth” into “we have a fatal caffeine addiction problem” but here we are.
That’s a very emotional response, (which I expect, people have a lot of feelings about chemical stimulants)
So firstly, amphetamines are stimulants. All of them. Yes they do slightly different things but it’s like saying a red pen is vastly different from a blue pen. Both are still pens, these all stimulate chemical signals and have a high addiction threshold. Funny that you would list MDMA, and Wellbutrin (poor man’s cocaine) as alternatives trying to prove they aren’t still amphetamines.
And I mean that people are so craving caffeine, that we are adding amounts equal to that of strong energy drinks to standard soft drinks. The addiction is selling a 24oz lemonade that has the same caffeine per volume as the 2oz 5 hour energy. An amount that chemical dependent people find not a problem but that can kill people with heart problems (twice). They aren’t dying from their addiction but that of the people who don’t get their rush anymore from smaller doses of caffeine.
And yes cocaine use is still prevalent cause people still argue it works to keep them stimulated and helps them get through the day. Like taking other addictive stimulants, say like prescribed amphetamines. I’m just pointing out the parallels of people being addicted to different stimulants and excusing it away as part of the eras current in drug of choice.
It’s not a similar name that is important it’s the chemical action they have that speeds up chemical signal passing like adrenaline that these amphetamines do. And you are specifically ignoring it so that you can claim it’s bullshit on arguments you are making.
You are having an emotional response that you don’t want to be wrong about and that’s not my concern. In fact it happens every time I point this out and it doesn’t change the reality of it at all.
While useful to some Adderall, Ritalin, Wellbutrin, are all addictive chemical stimulants that we have deemed effective in getting a stimulated active populace that can resist fatigue and discomfort better than those not taking it. While it might be effective it does nothing to resolve or slow down potential environmental factors that make it a dangerous long term fix due to addictive nature of it, that don’t resolve underlying issues.
I’ve noticed you completely ignored that people suffering from dextroamphetamine addiction go to meth clinics as Adderall is just amphetamine and dextroamphetamine.
It really doesn’t matter what you think, or what I think, people actively taking small amounts of a highly addictive habit forming stimulant to get through life at an alarmingly increasing rate. And that’s reality. And your emotional response to belittle me does nothing to change that.
Emotions are an inseparable part of being human. Engaging with them in a productive manner is extremely important and does not invalidate an individual’s points (emotional vs logical is a false dichotomy that you appear to be using to dismiss them and avoid examining the factuality of your statements). They make some very logical and scientifically-backed points.
As one who went their entire childhood and most of adulthood without any treatment for ADHD, I think that this statement is correct but not in the way that it appears that you intend it. People with ADHD have well-studied neuro-physiological changes in their brains, as compared to neurotypical individuals. Notably, in the prefrontal cortex, which is associated with administrative thought, including emotional regulation and behavior related task and time management. Things that are extremely important to surviving and thriving in the modern world.
Having experienced going from the struggle of trying to function without treatment and the positive impact that treatment has had in my life, there are definitely emotions associated and that’s not a bad thing.
JFC. This is why we can’t have nice things. Humans will try to get high off of or screw anything.
“Here’s a SNDRI medication with fairly low dependency-forming characteristics that is literally saving the lives of people suffering from major depressive disorders and addictions. Can I have sex with it? Not in a practical sense. What if I cram that shit up my nose or mainline it?”
Whippits are also a thing. They contain milk products. Should we ban dairy and treat people who have milk in their tea and infants like addicts? People ARE going to try to abuse anything. It’s a fact of human history. There was even a mesoamerican empire that was united entirely by drugs and tamales.
Many cancer treatments are literally poisons, acting on either characteristics that occur me frequently in cancer cells or lower resiliency against the toxins. They can be used to murder people. Should we ban them and let those with cancer die without treatment to avoid that risk?
You come across as demonizing medications that show low addiction potential in the people who need them to function in a meaningful way in the modern world. Have you ever been treated like a junkie by a pharmacist for trying to pickup your prescription?
This statement makes me suspect that you are falling for a reporting bias as well as potential a bias against the existence of documented mental illnesses (I certainly hope that is not the case). In the past, adult ADHD was completely untreated. Prior to research involving brain imaging, it was assumed to be a disorder only impacting children (a great example survivorship bias - those diagnosed as children were often given tools to cope as adults, and those who were not diagnosed had little study into reasons for their negative outcomes). So, the greater number of people being treated with medications for ADHD and major depressive disorder is heavily influenced by these disorders actually being diagnosed and treated, rather than ignored.
Living the dream
Oh for sure to be emotional is to be human, I was simply trying to point it out so we could move past the obvious emotional side of their argument and argue based on facts and not pedantry meant to make me appear wholly uninformed in an area that I do have knowledge in for various academic and personal stakes.
But also yeah I understand that people who have felt supported by these drugs would very much have an emotional response to them. And the fact that they are needed to function no less true for the modern age. But man does it feel insane to be taking synonymous drugs that were taken during war time to keep your gunners alert for air raids to keep up in your work life balance.
And excusing it away by saying their is a perfect version of a brain that needs to be achieved by taking this drug causes an emotional response in myself.
But again I have never suggested a ban or restrictions on any of these items. Go back through the conversation and you will see I don’t stoop to tell people we shouldn’t have a thing even if it’s abused or even if it helps or not. But pointing out the insanity of taking neurologically modifying drug that alters chemistry of your nervous system to survive what should be a better world because of less direct environmental dangers is what I’m trying to point out. And that there are inherent risks with handing out large amounts of these drugs much the same way we later discovered to be true of opioids.
Pain killers are useful, but it can go to far and has fucked up a lot of people’s lives with addiction and having experiences they would rather not and it affecting those around them. I point out that people rather blindly or very happily hold up drugs as an incredible cure all answer while either happy to or all to ignorant of underlying issues, and an over-reliance would be negative as well.
And this is where you lost me as you seem to imply that I’m thinking mental illness doesn’t exist, which as someone who suffers from rather severe depression I can tell you I don’t doubt the existence of neurological issues, but this idea that it’s just all people who are being under diagnosed and that there might not be environmental issues that are at play rising the numbers means you also think that brain chemistry is a thing to be controlled and fixed at will of those with the chemicals to try them out on other people’s brains.
I assume likely that reality is as always a mix of multiple directional influences but this concept that just more people are being discovered to have issues is one I find utterly without base as a singular response and the narrowing of a single version of a good brain to be sickening. It goes to far as to feel like wish fulfillment and coping mechanisms for issues that as a whole humanity ignores.
Edit: Also I’m too poor and overworked to see a doctor, so my pharmacologist doesn’t treat me like anything as I have never really interacted with one. But I get it, you don’t want to feel like you are taking an analogous drug to an illicit one when you are just trying to feel better about yourself but that’s an internal thing you need to deal with and respect that it is in fact related to harder drugs.
What in the god damn fuck? Did you just call Wellbutrin, a mostly non-addictive, non-stimulant antidepressant, an addictive stimulant? And did you just equate Wellbutrin, again a non-stimulant antidepressant with no connection to cocaine, to cocaine? Holy shit there’s no way. It’s literally impossible to get addicted to clinical doses of it, you’d have to be taking an ABSURDLY high, probably illegal, amount over a long period of time to even be able to develop a psychological addiction to Wellbutrin, it’s not even close to dangerous unless you have epilepsy or sometimes heart disease. It’s actually extremely common to use it in addiction recovery / drug abuse clinics to help patients deal with the neurological affects of withdrawal from other drugs because of how safe it is.
It’s also insane that you think “MDMA is an abused drug, so it’s the same as meth, also Adderall is meth too”. MDMA is a drug with PSYCHEDELIC PROPERTIES. It is figuratively in no way, shape, or form comparable to either meth nor (dextro)amphetamines. You are genuinely delusional making this comparison.
You quite obviously have not read almost all of what I posted. Saying “people with X drug addiction and people with Y drug addiction go to the same clinics, they must be basically the same drug” is possibly the stupidest thing you can say in the context of drug abuse treatment.
The next stupidest thing you could say is that “they increase adrenaline/dopamine/norepinephrine production so they must be the same”. Do you know how little that narrows it down? You are now including many antidepressants, anxiety meds, in fact a LOT of non-stimulants and hallucinogens.
I also never stated that ADHD meds aren’t stimulants. Where did you pull that out of? In fact I explicitly stated that they are.
You can cry “emotional response” all you want but that does not change the absurdity of calling Wellbutrin an addictive stimulant like cocaine, literally saying that Adderall is meth, and saying drinking 2 panera lemonades on a visit to the restaurant constitutes an addiction and establishing a lethal dosage of caffeine.
I can’t even begin to express the absurdity of the take “medicines for mental disorders aren’t cures for those disorders so we should get rid of them”. That’s not even the conversation.
Sorry but you’re genuinely crazy. There is absolutely no way you aren’t trolling at this point. I could believe you weren’t at the “everyone brags about microdosing meth, oh btw meth means all stimulant ADHD medications” because that is a common, and stupid, take by people who don’t know anything about drugs. But you’ve headed in a direction which is just unbelievable.
I can’t even bring myself to respond to any more of your garbage anti-science.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10104426/
You are making jumps in logic that I’m not stating. I really don’t care. You aren’t having a discussion with me either just being upset and jumping through hoops to make me sound even more irrational in your head.
This is factually incorrect. Ritalin is a brand name for methylphenidate, which is chemically very different from amphetamines. Both are carbon compounds that have a phenyl ring and a nitrogen two carbons away from it but beyond that, they are very distinct. Additionally, they have different mechanisms of action.
Oh color me correct on that.
Literally not an amphetamine, I’m not entirely sure why I thought they were other than just phenyl ring.
Guess speaking out my ass on that one since I know that it was sold in the same circles as Adderall but looking into you are correct and it’s completely different.
All good!
Its an amphetamine. People sober from meth cannot have that shit in the house, they’re afraid of it.
It is also all the things you said.
Why do you people keep saying “it’s an amphetamine” like it actually means anything? I don’t want to have to explain again that generic drug names looking similar doesn’t mean they’re even remotely the same. Just like how “sodium chloride” has completely different chemical properties to standalone sodium and chlorine.
People with SUDs can’t be around medications that can be addictive to people with SUDs. What’s your point? This has nothing to do with meth, anyone with a history of drug addictions is heavily scrutinized or just outright denied psychoactive substances, you can be a recovering nicotine addict and many will deny giving you Adderall even if the person has completely debilitating ADD. That’s just the nature of drug abuse disorders.
Ive met multiple people who are clean from street meth who tried ADHD meds once and then were, like ‘okay I can’t have that in my house ever, its too close’.
I think youre attaching a moral dimension to my statement here. I have known (in the past, who were not me) plenty of people who used illegal, or even genuinely dangerous shit to keep their (third person!) mental health some semblance of together.
That’s just going to be the experience with nearly every noticeably stimulant drug (and potentially drugs with stimulant effects like weed). It’s very much not unique or notable for ADHD medications, especially since ADHD medications are actually mostly not the drug itself (it’s packaged in a way to make abuse by those without ADHD or those with SUDs harder).
Okay so idk your pharma background, it may well be more robust than mine, but I’m confident the particulars of how addiction functions IRL are not your area of expertise. all the specific real people I’m talking about are literally always either baked or drinking coffee, unless they’re taking a break from one of those to be sure they aren’t addicted.
Again, I don’t care how addictive it is-if I were going to go after nasty addictive horrible drugs we use for mental health, I’d spend a year screaming about sertraline nonstop before I so much as suggested Walter white should slow down. I’m not suggesting it should be less available (I’m generally in favor of making most things more available).
Its a close relative of some shit we use to destroy ourselves, made slightly safer and dispensed in a buffered pill/capsule so we can stuff people into shitty lityle boxes and call them productive (maybe a better society would use it fir self actualization or sonething) And that’s… As fine as anything else in this shit hole.