Why the Super Rich are Hoarding Idle Cash

Premiere DateJun 11, 2019
Categories Culture Politics Talk
00:00 Intro
00:46 The Super Rich Literally Have Too Much Money
02:51 Why Money is Sitting in Savings
04:47 Long Term Effects of Money Hoarding & Low Corporate Taxes
06:51 Role of Globalization in Growing Wealth
10:07 Outro
10:28 Ruby Pip Blom
14:06 Finish

Axios markets editor Dion Rabouin (@DionRabouin) joins the show to discuss his recent piece on Axios exploring why the super rich and big companies are hoarding unused cash.

Read the piece: Too much money (and too few places to invest it)

Click here to subscribe to the Axios Markets Newsletter.

Joe Virgillito is a staff writer and host of the Daily Beat podcast on BTRtoday. He is a graduate of Quinnipiac University with a degree in journalism. In his spare time, he enjoys reading and wandering around…

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