Quote:
Originally Posted by jamesqf
Rapidly? I don't know about that: I still have some of the money (the electronic accounting, of course, not actual coins & bills) that I earned up to 30 years ago, stashed in 401(k) and mutual funds.
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Investments can still contribute to currency churn in the economy. When a company has an IPO of stocks, they take the cash and invest it to grow the business. Investing is a lot different than just simply letting wealth sit on a ledger doing nothing.