• bdonvr@thelemmy.club
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    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
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      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.