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It’s not snark at all. In fact it’s direct lineage. You think nobles weren’t expected to work at all? An investor who is a completely layabout won’t stay rich
by jquery 6y ago
It’s not snark at all. In fact it’s direct lineage. You think nobles weren’t expected to work at all?
An investor who is a completely layabout won’t stay rich very long, there is a natural terminus to that sort of behavior. Look at interest rates, the risk-free rate of money is 0%, less with inflation. We have inheritance taxes and can move that slider up/down as needed to prevent aristocracies from forming. Perhaps this is where your real disagreement lies?
>If they stop working, they end up destitute same as any other employee.
https://calmatters.org/category/economy/california-pension-crisis/ https://calmatters.org/category/economy/california-pension-c...
>You do realise that Ron Swanson is a fictional character, don't you?
Funny you falsely accuse me of snark and then reach into your bag of insults.