4 ms·
Investments aren’t money. They’re just things you own, and their value can go up and down. They don’t affect the money supply.
by robertoandred 4mo ago
Investments aren’t money. They’re just things you own, and their value can go up and down. They don’t affect the money supply.
- voidhorse 4mo agoMany investments are considered a liquid asset precisely because they are basically money. You're missing the point on a stupid technicality. If I have more liquid and therefore more purchasing and capital power than you, I have access to more resources than you, and I am immediately in a position in which I can potentially exploit you (get you to labor to generate more resources in exchange for some of the capital I have, then retain most of all of the newly generated capital and production from your labor for myself while paying you a fraction of what's generated because you are in a position of immediate need (need access to necessities) and I wasn't).