$250k a year is pretty rich. Come on meow.
Beebs, if I'm someone in the top tax bracket and paid in US dollars, I see this tax cut and I convert as much as I can to other currencies. Right now I am keeping all of my paycheck in GBP, but I still have more than 50% in USD and I would like to convert a chunk of it to CAD/AUS or some asian currencies. I think this is the point you were making, that I don't have to keep my USD?
We keep spending money as if it's OK.
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