You don't want to hang on to the money you receive for long because it's non-interest- and non-income-bearing. Some of the biggest financial claims on real wealth are generated by doing this.
You don't want to hang on to the money you receive for long because it's non-interest- and non-income-bearing.
Some of the biggest financial claims on real wealth are generated by doing this.
These people don't produce a single bit of the real wealth they subsequently claim.
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You don't want to hang on to the money you receive for long because it's non-interest- and non-income-bearing. Some of the biggest financial claims on real wealth are generated by doing this. These people don't produce a single bit of the real wealth they subsequently claim.
To realise the capital gain of appreciating assets, you have to sell them. If the super-rich aren't quite ready to buy their fifth mansion or 100-foot yacht, they almost immediately purchase a different real asset or financial asset or crypto-commodity in the hope it will appreciate in value faster than the general inflation rate. Some of their activities should be outright prohibited.
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