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this post was submitted on 12 Oct 2024
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1933 :(
Right? How different would things look today?
Not much, rich people are usually smart enough to go around this sort of stuff. This is the company yacht, this penthouse is my office I just happen to live in, I am akshually a cayman citizen, etc etc.
Plus wealthy people usually don’t have a lot of cash, because keeping cash means losing money to inflation - I bet a lot of billionaires don’t have one million dollars in the bank even now.