He knows.. He just likes to pretend that reality, isn't the truth. It would throw a giant wrench into his role playing fantasyland. He's always looking for people who will pretend with him, and role play a future millionaire.
Sorry if you were joining his role play game, and I ruined it with truth and reality.
You guys should find a deep dark corner of the Internet to role play in peace. All this pesky truth probably gets in the way.