Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Most of that money isn't stored as a pile of cash under the bed. It's capital invested in other activities: think machinery, think infrastructure, think capital (and we know in some industries like banking and insurances they need to have capital, don't we?).

The fact that these people "have" it doesn't mean it doesn't produce value. You need to understand that liquidate all that worth WILL put people on the street and will disrupt the economy as we know it. Namely, maybe at that point you won't do much with those 15k.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: