Comment by post-it
11 hours ago
The rich don't have money, they have assets, and those assets can't go anywhere. It doesn't matter if the rich buy or sell a farm in Canada, the farm is still in Canada.
11 hours ago
The rich don't have money, they have assets, and those assets can't go anywhere. It doesn't matter if the rich buy or sell a farm in Canada, the farm is still in Canada.
> The rich don't have money, they have assets
Yeah, we're talking about the same thing.... the word for a rich person who exchanges their cash for non-cash assets is "investor"
> It doesn't matter if the rich buy or sell a farm in Canada, the farm is still in Canada.
Have we learned nothing from what happened to the US's industrial economy.
If you turn the farm into an obviously poor investment it'll go tits up because neither wall street nor main street is dumb enough to invest money into a losing proposition.
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