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Its not theoretical, and they can borrow cash against their hoard and spend it on things.
by spencerflem 2y ago
Its not theoretical, and they can borrow cash against their hoard and spend it on things.
- avalys 2y agoSo what?
- Kirby64 2y agoIn the same way the dragon hoarding their loot wields immense power over the peasants (strained analogy, I know), having immense amounts of wealth accessible allows for one to wield immense amounts of influence. Just look at what is happening the last few weeks. Basically explicitly buying favor with the government.
- spencerflem 2y agoI could say "so what" to their wealth being in stocks. What does that change?