FDIC doesn't even have nearly enough money to cover that $100k. "FDIC insured" means absolutely nothing.You're right, wealthy people maintain their wealth by NOT holding onto their money. They put it in other things that will maintain or actually increase their wealth, whereas holding on to money simply decreases your wealth over time as the money inflates (thanks, Fed).
gijoelJan 8, 2008
Ha Ha <a class="user" href="http://riversmeeting.files.wordpress.com/2007/07/nelson-haha.gif">http://riversmeeting.files.wordpress.com/2007/07/n ...</a>/nelson
kennmacJan 8, 2008
Or... Look at me, I have no clue what I'm talking about!
amilo000Jan 8, 2008
Clarkson for prime minister!!!! <a class="user" href="http://petitions.pm.gov.uk/PMClarkson/">http://petitions.pm.gov.uk/PMClarkson/</a>
rarsonJan 9, 2008
Did you read the article? It was £500, donated to the charity Diabetes UK.
rarsonJan 9, 2008
FDIC doesn't even have nearly enough money to cover that $100k. "FDIC insured" means absolutely nothing.You're right, wealthy people maintain their wealth by NOT holding onto their money. They put it in other things that will maintain or actually increase their wealth, whereas holding on to money simply decreases your wealth over time as the money inflates (thanks, Fed).