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Rich people can always sell assets and then buy similar ones elsewhere. And them being rich, they don't have to do any of the paperwork themselves.
by bufferoverflow 2y ago
Rich people can always sell assets and then buy similar ones elsewhere. And them being rich, they don't have to do any of the paperwork themselves.
- budududuroiu 2y agoThat’s… unironically a good thing. Most economies are currently being burned by asset price inflation
- bufferoverflow 2y agoThat's not a good thing. Most retirement accounts are tied to the market. If you crash it on purpose, you create millions of old broke people.