besides spend it on frivolous shit like yachts and planes and stuff, there's no way it's all liquid. do they just park all their billions in a bunch of investment vehicles and wait for it to propagate itself? don't they get bored of just waiting and watching line go up?

  • Vayeate [they/them]
    ·
    4 years ago

    interest is laughably shit these days, we have nearly negative rates at times. only billionaires could live off interest, and even then not with a ton of luxury

    • fuschiaRuler [she/her]
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      1
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      4 years ago

      On savings and gov bonds, sure. But if they have a fraction of their wealth sitting in stocks, it is more than enough.

        • fuschiaRuler [she/her]
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          edit-2
          4 years ago

          I mean, in the sense that rectangle != square, sure. But at the end of the day, money is gaining value each period regardless. Shame on me for using the two interchangably.