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> hoarded wealth is essentially idle This is, I think, a blind spot for most people. Hoarded wealth isn't idle at all. At the _very least_ it accrues interest
by stock_toaster 1y ago
> hoarded wealth is essentially idle
This is, I think, a blind spot for most people. Hoarded wealth isn't idle at all.
At the _very least_ it accrues interest (and compounds!) and grows!
- analog31 1y agoIndeed, and if it's hoarded in the form of land, then the land definitely accrues political power.