Argumentum ad crumenam

An argumentum ad crumenam argument, also known as an argument to the purse, is the formal fallacy of concluding that a statement is correct because the speaker is rich (or that a statement is incorrect because the speaker is poor).

The opposite is the argumentum ad lazarum.

Usage

If you’re so smart, why aren’t you rich?

This new law is a good idea. Most of the people against it are riff-raff who make less than $20,000 a year.

Warren Buffett is hosting a seminar. This seminar is better than others, because Warren Buffett is richer than most people.

External links

Fallacies of relevance

Ad nauseam (Argument from repetition)
Argumentum ad ignorantiam (Argument from ignorance)
Argumentum ad lapidem / Proof by assertion
Argumentum e silentio (Argument from silence)
Ignoratio elenchi (Irrelevant conclusion)
Invincible ignorance
Moralistic / Naturalistic
Non sequitur
Rationalization
Red herring (Appeal to worse problems
Two wrongs make a right)
Special pleading
Straw man
Cliché
I'm entitled to my opinion

Appeals to emotion

Genetic fallacies

Ad hominem	Abusive Association (Reductio ad Hitlerum) Circumstantial (Appeal to motive Bulverism) Poisoning the well Tone policing Tu quoque

Authority (Accomplishment Ipse dixit Poverty / Wealth) Nature Tradition / Novelty (Chronological snobbery)

Etymological fallacy

Appeals to consequences

Argumentum ad baculum (Appeal to force)
Wishful thinking

Other appeals

List of fallacies
Other types of fallacy
Philosophy portal

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