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The liquidity of material is becoming smaller and class solidification is occurring. However, the liquidity of information is increasing.
Remember Zhang Guimei said that the greatest suffering of rural children now is that they can see the best life in the world through short videos, but they cannot get close to it, and the huge divide creates immense pain.
When I was a child, it seemed that the class differences among classmates were similar, but now in the city, they have become much larger. Whether parents pick them up by car or by electric bike, whether they travel abroad during the summer vacation, and their clothing and cosmetics are all compared.
The algorithm selects the most extreme, exquisite, wealthy, beautiful, successful, and enjoyable lifestyle. This is the same even in the cryptocurrency world.
Survivorship bias, everyone only sees various myths of getting rich quickly. Visible but unattainable. The returns on normal paths decline, while the stories of extreme paths to wealth multiply.
The result is that it leads to an increase in depressive emotions in society, a prevalence of early consumption to satisfy provoked desires, and more people wanting to engage in high-risk activities (gambling, illegal actions) to transcend social classes.