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There is also very little "money at rest" or idle in the current world. Even if you consider real estate, a small fraction of the total and often held through l
by creer 3y ago
There is also very little "money at rest" or idle in the current world. Even if you consider real estate, a small fraction of the total and often held through loans, producing taxes and employing people to maintain it. We often hear this notion of "useless use of money" and there is truly very little of that.
Same about this "wealth" scary object being passed from one person to un-deserving heirs to the possible detriment of the rest of humanity. Who owns that wealth is very irrelevant: most of it is invested and very productive.