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It is terribly depressing for many people to admit the reverse also. That money cannot buy happiness...

Well, not that many people are rich so... who cares?

It is a consolation for the poor, though. "They might be rich, but I might be happier." Just like "They might be rich, but they are assholes/corrupt/stupid/ugly".

Sounds to me like something a preacher would announce just before passing around a collection plate.

It's not as simple as that. Consider the difference between people who were born rich and those that have worked hard to become rich. It's quite possible to work yourself into an early grave, even if you end up rich.

The cool part is, life has so many pathways.

It's just as possible to spend yourself into an early grave.

It also kind of goes against the national mythos in the case of the US, which compounds the difficulty.