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@ 93d0dcc7:9c1e13f6
2025-05-09 02:35:35
Fiat money is not a productive asset.
Explanation:
A productive asset is something that generates cash flow or increases in value over time, such as: stocks (dividends), rental property (rental income), or machinery (produces goods).
Fiat money (like VND, USD, EUR) does not generate value by itself. It functions only as a medium of exchange, a store of value (temporarily), and a unit of account. Over time, due to inflation, fiat money loses value if not invested in productive assets.
A famous quote from Warren Buffett illustrates this clearly:
> “Cash is the worst investment – it earns nothing and depreciates over time.”