Reminder: unless they sold their stocks they didn't lose actual moneyhttps://twitter.com/business/status/1237073905547952131 …
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Yes but it has the ability to come back with no additional labor expended. That’s the difference
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Warren and Sander’s wealth tax got hurt as well.....
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Take it up with Warren Buffett then, it's his quote
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And when people (only) retain the purchasing power of their money when the value of the currency is decreasing, they don't really earn money. But in the artificial tax sense they earn money.
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The value of their currency is increasing relative to asset values. Time to buy when all the
turn and swim in the opposite direction? ? ?
End of conversation
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Get out of here with actual economics
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Looking at it that way, then they never had that money to lose in the first place. It's all semantics until you actually sell something.
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