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We spend a lot of time asking how to build wealth. Perhaps we should spend more time asking what wealth is for. Three families I knew. Three different responses to the same force: a labour market that increasingly determines where we live and how far apart families become. Capital can change that equation. Dividends. Property. Productive assets. Income that is not entirely tied to where your employer happens to be. You are no longer comparing two salaries. You are comparing two lives. My latest Macro Diary: 🟧 The Freedom to Stay Together What Wealth Is For https://t.co/IDLGjUFGYZ

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