| ▲ | Ray20 7 hours ago | |
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| ▲ | smallmancontrov 6 hours ago | parent [-] | |
It's simply true. https://fred.stlouisfed.org/series/WFRBSN40176 https://fred.stlouisfed.org/series/WFRBSN09149 https://fred.stlouisfed.org/series/WFRBS99T999259 There's more to say, of course. The role of housing, the role of the government, using DCFs for apples-to-apples comparisons of assets, jobs, social services, and the incentives thereof, behavioral economics, and so on. If you reflexively recoil at the notion that assets have returns, however, you aren't even at the starting line. > mentioning passive income in this context isn't even idiotic, it's a clinical diagnosis We could use the IRS term if you prefer: "unearned income" | ||