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Anyone wealthy enough will know not to have any actual currency. It's an extremely rare thing for someone to have realized gains and be holding liquid. Once yo
by incomingpain 4y ago
Anyone wealthy enough will know not to have any actual currency. It's an extremely rare thing for someone to have realized gains and be holding liquid.
Once you know this reality, when folks like AOC want to ban 'billionaires' what they are actually saying is they want to go after unrealized stocks. Which isn't just stock market, it can be fine art, cars, whatever. Their goal is to seize private property to fund their spending. Many countries have tried this, all of them collapsed.