Author: RA
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The Wealth Misconception
Whenever anyone talks about wealth inequality, the definition of ‘wealth’ is taken for granted. We do not think of it as a concept or a measurement – instead, people seem to see it as something tangible, that can be split and reworked. Perhaps we imagine it to be Scrooge McDuck’s fortune: gold coins and jewels in a […]
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What Assets Make Up Wealth?
This is fascinating: Business interests, eh – who knew? Rolling Alpha posts opinions on finance, economics, and sometimes things that are only loosely related. Follow me on Twitter @RollingAlpha, and on Facebook at www.facebook.com/rollingalpha. Also, check out the RA podcast on iTunes: The Story of Money.
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Is fiat money really unbacked?
Well, no. Fiat money is backed. But if you already think that it's unbacked, then you're probably not going to like how.
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