• shalafi@lemmy.world
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    12 hours ago

    People have this contrary view that billionaires actually have all this liquid wealth, yet that same money living in the stock market is fake. And this causes no cognitive dissonance.

    • TrackenDaKracken@lemmy.world
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      3 hours ago

      It’s not “fake”. They can liquidate. Bezos liquidated 10 billion in stock to push his cock-rocket vanity project over the finish line. They can do it when they want to. The same way they can do it to pay taxes, if we make them. No, it’s not “fake money”.