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The Status They Hold for Us Is the Cash Value of Their Opinion of Us
People's sense of their own well being is so often anchored to comparison with a lot of others. And that's why all boats rising with the same tide doesn't really solve most people's problems. We only tend to care about others' view of us and therefore mark our status this way insofar as we respect the other people, which is to say, based on how we perceive their status.