I know there is a lot of negative energy when steem is down in price. Folks do not post as much. I look at it as a golden opportunity to invest at those times. Notice I say invest. I believe that is the attitude we need. There was a time when folks would invest in the stock market before it got this rigged and manipulated. Today folks want a quick buck and play the market like a casino. Real long term investment attitudes are gone. Perhaps they are in need of a quick fix because they live paycheck to paycheck, unlike their grand parents. Steem is an investment and not a quick buck. One must be patient and let it cook for 5 - 10 years or more to reap the true reward. Thanks @tarazkp
This is a very salient point and on top of the savings, the grandparents didn't feel the need to continually by throwaway consumables whenever a new colour arrived.
I might also ad that that our grandparents had the attitude that if they could not pay for it in full, they didn't need it.
Yeah, pity they didn't pass the learning down the chain.
What happened is that the greatest generation (WW2) did not want their children to go through what they did during the great depression. So the baby boomers got spoiled and continued the spoiling into the me generation and beyond. Thus we adapted the spirit of greed and impatience. Fast food, fast cars and fast women and fast money. The casinos got their spring board off that. What was a good intention of not putting children through hardship turned into selfishness and greed when multiplied over 3-4 generations. Again thanks @tarazkp