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Cash is not an investment. Cash is a wealth store.
by otterley 1y ago
Cash is not an investment. Cash is a wealth store.
- immibis 1y agoWhen you get down into the details, they're all just "things you can own" and the categories like "investment" and "wealth store" start to look very made up.
- sph 1y agoCash is a medium of exchange, not a wealth store. What wealth do you store if it doesn’t even keep up with inflation?
- otterley 1y agoI didn't say it was a good wealth store. ;-) But yes, it is a medium of exchange, too.