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otterley
254 days ago
Cash is not an investment. Cash is a wealth store.
2 comments
immibis
254 days ago
When you get down into the details, they're all just "things you can own" and the categories like "investment" and "wealth store" start to look very made up.
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sph
253 days ago
Cash is a medium of exchange, not a wealth store. What wealth do you store if it doesn’t even keep up with inflation?
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otterley
253 days ago
I didn't say it was a
good
wealth store. ;-) But yes, it is a medium of exchange, too.
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