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A comment on A new analysis of how the world’s wealth is distributed. Parent comment

Re:A new analysis of how the world’s wealth is distributed by bbcbasic on Friday November 25, 2016 @02:39AM (#13034947)
no. The rich have assets and usually leverage. Inflation will help them.get richer. People relying on cash lose out e.g. salaried employees
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Re:A new analysis of how the world’s wealth is distributed by kashkhan on Friday November 25, 2016 @02:57AM (#13035000)
rich actually hold financial assets. the middle class owns houses, often half their wealth or more.

Bill Gates doesn't live in a $40B house.

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Re:A new analysis of how the world’s wealth is distributed by marcofloriano on Friday November 25, 2016 @03:20AM (#13035061)
No, but he "lives" in a $40B company. Money is not an asset in it very essence. The financial instruments you put money in are. Money for money is pretty much useless if you can't convert it onto assets.
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Re:A new analysis of how the world’s wealth is distributed by bbcbasic on Friday November 25, 2016 @03:14AM (#13035040)
He doesn't have $40B in cash.
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