Taking a loan most certainly is! You never pay it back if you are rich. Remember a 10% loan would be billions to these people. As long as there isn’t a 90% cra

Taking a loan most certainly is! You never pay it back if you are rich. Remember a 10% loan would be billions to these people. As long as there isn’t a 90% crash then no liquidation. It’s not like a middle class refinancing their house to buy a Ferrari and then getting into trouble when they lose their job. Also: Almost no interest. No tax (the tax is perpetually deferred, probably beyond death down the generations, although not sure in the US. There are trusts for this in other countries)