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A comment on Palantir bought $50M in gold bars in August as cash pile grows. Parent comment

Re:Palantir bought $50M in gold bars in August as cash pile ... by nitwit005 on Tuesday August 17, 2021 @04:07PM (#28214255)
It's not as if it always re-circulates. People often sit on cash if there are no obvious productive investments.
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Re:Palantir bought $50M in gold bars in August as cash pile ... by missedthecue on Tuesday August 17, 2021 @04:09PM (#28214273)
By "sit on cash" you mean put it in a bank account where it is loaned out to businesses and homebuyers and governments who then spend it and continue circulating it.
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Re:Palantir bought $50M in gold bars in August as cash pile ... by nitwit005 on Tuesday August 17, 2021 @06:23PM (#28215499)
Or simply held as excess reserves, as has been happening recently: https://en.wikipedia.org/wiki/Excess_reserves#/media/File:Fe...
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