• Clinicallydepressedpoochie@lemmy.worldOP
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    1 month ago

    So, in my mind wealth should last a generation. That is, wealth that is allowed to compete in the market. Ok, well that’s nebulous but it is also a new idea to me. Say a CEO at the end of his life has no choice but to pass on his wealth to his children, which then can’t re-enter the market as an investment tool but can only be used for consumer goods and services or maybe residential real estate. Or alternatively putting it back into the company as means for growth which can propel others into higher levels of management. Anyway, kinda just wanted to have this discussion from the onset.

    Thanks for being a bro.