3 ms·
What is wealth but income accumulated over time? (Or wealth stolen from others. Oops?)
by AstralStorm 5y ago
What is wealth but income accumulated over time?
(Or wealth stolen from others. Oops?)
- sokoloff 5y agoWealth is the integral of income minus expenses plus net unrealized gains over time. The latter two terms are pretty significant in the overall calculus, if you’ll pardon the (partial?) pun.