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Yes, so many people seem to think that billionaires are some living version of Scrooge McDuck, and their wealth is vaults full of gold coins under their houses, and they swim around in the coins before breakfast every morning.


Even then: if you take money and squirrel it away long enough in a vault then the market is essentially going to price in whether it thinks you are likely to spend it in the near future and effectively deflate the currency a bit to give everyone more buying power... like, imagine if you instead took money and literally burned it in a fire, and then try to figure out the statistical difference on supply and demand over the next five to ten years between money burned in a fire and money whose primary purpose is as a trophy swimming pool for an aging duck.




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