• bdonvrA
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    1 year ago

    You’re kidding right?

    1. The yachts are probably insured

    2. Just because they don’t literally have millions sitting in a checking account doesn’t mean they can’t liquidate some of their investments and get it in short order.

    • SCB@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      1 year ago

      actually putting money into the economy

      This person veliev s rich people have millions sitting in checking. This belief is widespread, and is not just misleading, it changes the entire discussion from wealth to money.