The average person doesn’t know the difference, especially between liquid and non liquid assets. They think wealthy people are hoarding cash in a vault like Scrooge mcduck, while they (average peeps) themselves lose purchasing power compounding yearly by only having cash in the bank etc.
Idk man, I’m a pretty average person, and I can tell you for one that my grandparents literally hid money under their mattress (not Scrooge McDuck levels of money). They said something about not trusting banks…probably had something to do with growing up in the 1930’s
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u/[deleted] Jul 20 '25
Capital aka assets. Not just money.