Economics

I did a massive thread about this in 2019 because it really pisses me off

The point of this form of capitalism that rich people invest 

But increasingly the money is sitting as cash which does nothing

But this is just stock prices go up, which is democratic

Elevating onchain creators 

@nodefoundation @brightmoments 
@ampsfun

Be specific.    
Building productscore.org, @germanify // leonasskau.co.uk // Hosting /geopolitics, /strategy, /leo
d33m:mun

Yeah I don’t have a problem with people like Elon hold stocks, specially when they drove much of those gains!!
It just made me think of a related issue, and yeah I’m curious how what portion of this is still cash

But the wealthiest people mentioned here (Musk, Bezos) hardly hold any cash. Anyone who did was crushed by inflation since that article was written in 2019.

I did a massive thread about this in 2019 because it really pisses me off

The point of this form of capitalism that rich people invest 

But increasingly the money is sitting as cash which does nothing

But this is just stock prices go up, which is democratic

https://twitter.com/leo___sn/status/1169025007944699906