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The wealthy (lemy.lol)

submitted 10 months ago by [email protected] to c/[email protected]

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https://mastodon.social/@FluentInFinance/111754405817875275

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[–] [email protected] 81 points 10 months ago

This is why billionaire defenders who say people like Musk and Bezos aren't really that rich because they have little liquid funds and they can't sell stock are bullshit. They have nearly infinite money with these loans us normal people can't get. The closest thing we have are mortgages against the only thing of value many people own.