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SRW - Wealth as Insurance | 9 comments (9 topical, editorial, 0 hidden)
Re: SRW - Wealth as Insurance (none / 0)
I agree that he's on to something, but along with the marginal insurance value of being in the very uppermost percentile of wealth, I'd also argue that another key driver of elite behavior is the desire to desire to dominate and control others, and avoid being dominated by anyone else.

I don't know if the super rich support deflationary policies because of insurance value of wealth but many people who own a fews tens of thousands euros certainly do so.

by Jute on Thu Aug 9th, 2012 at 08:57:19 AM EST
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SRW - Wealth as Insurance | 9 comments (9 topical, 0 editorial, 0 hidden)
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