so "holding gains" means the assets they hold keep going up in value, which offsets their spending?
americans are so ridiculouosly rich compared to the rest of the world.
probably helps that their govt is expert at continuously inflating the value of their assets with financial stimulus. and also basically forces the rest of the world to use their currency for buying and selling their own productions.
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so "holding gains" means the assets they hold keep going up in value, which offsets their spending?
americans are so ridiculouosly rich compared to the rest of the world.
probably helps that their govt is expert at continuously inflating the value of their assets with financial stimulus. and also basically forces the rest of the world to use their currency for buying and selling their own productions.