On Tue, 24 Aug 1999 09:25:35 -0700 (PDT) Terry Donaghe
<tdonaghe@yahoo.com> writes:
>
A person who is wealthy and spends no money has to keep the money or
wealth somewhere. If he keeps it in a bank account or other investment,
it is lent out or otherwise invested, presumably for productive purposes.
And if he just keeps the money in a vault, the bank which issued that
money in effect gets an interest-free loan, and does the same thing, that
is, invest the money.
> The only way to be wealthy and not help other people is to be a
> miser and spend no money at all.
Ron Kean
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