What is the difference between real and financial wealth?

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2026-05-07 20:05

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Real wealth has intrinsic value but may or may not have a market price. Examples include fertile land, healthful food, knowledge, productive labor, pure water and clean air, physical infrastructure, caring relationships, education, and health care. Financial wealth is measured in dollars and cents. Money, however, has no intrinsic value. Wall Street generates it in astonishing quantities through accounting tricks, financial bubbles, and debt pyramids. It appears from nowhere and can disappear in an instant, as a phantom in the night. It is still only a number with no existence outside the human mind.

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