Kulturkampf

[Daft Hand]

What they mostly fail to understand is that most wealth is in assets not cash. The entire economy will come crashing down if you remove trillions from the stock and real estate market.

I remember Elon Musk saying that the vast majority of his net worth is tied up in company assets, and people would be shocked if they saw what his actual bank account balance is. A lot of online people think he literally has billions of dollars just sitting around for his own personal use, but if that was the case then why did he have to pool venture capital to buy Twitter?