Re:Economists Are Rethinking the Numbers on Inequality
by awrence on Wednesday December 04, 2019 @09:41AM
(#21702514)
Bezos is basically entirely invested in stocks (Amazon). His exposure to monetary inflation is roughly 0. If the government hands out 1bn to everyone that'll happen at the expense of cash / bond holders. Prices from Amazon services will just adjust accordingly to the inflation spike along with their profit margins.
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Re:Economists Are Rethinking the Numbers on Inequality
by galangalalgol on Wednesday December 04, 2019 @09:48AM
(#21702595)
I would guess most salaried employees have little of their wealth directly in anything but stocks and bonds due to 401k. Also house equity possibly.