The World's Richest People Are Sitting On Gigantic Cash Piles That Haven't Earned Them Anything
Canny caution or bumbling oversight, the world's richest people have retained huge stockpiles of zero-yielding cash throughout the recent surge in financial asset prices. Their persistence may have, counter-intuitively, prolonged the buoyancy of those very assets in the process - helping to inflate the outsize wealth of the super-rich further.
Continue Reading http://www.businessinsider.com
Join the Discussion