isn't it financially unwise to have all this cash stored instead of investing it? his money is losing value in front of his very eyes
>>151808932Scrooge's vault is the investment. He's probably able to adequately function as a bank for his entire State.
>>151808932He'd cause runaway inflation and crash his currency's value if even a tenth of this got into the banks. Think, OP.
>>151808932That's not all his money. He has quite a few investments and businesses going. That's mostly just petty cash.
>It's not a liquid! It's a great many pieces of solid matter that form a hard floor like surface!
>>151808989>Peter forgot Scrooge was superhuman- er superduckClassic Pete!
>>151808983>guy throws a fit if he has to waste a single penny>loses millions in opportunity value just to afford the world's worst swimming pool
he would take out loans with the gold as collateral, and invest that money
>>151808989There's actually a part in Ducktales where the Nephews try to swim in the money bin, but hit their heads while Scrooge dives in like he normally does. Huey then says>"How does he do that?"So swimming through it actually is something the writers/animators acknowledged as one of Scrooge's "powers."
The cash in the Money Bin is only the part of his money Scrooge earned with his own hands during his life. Most of his assets are in the banking system.And because there's rare coins in it, it's actually gaining in value as well if he started selling them to collectors rather than just using them for the amount printed
It must not be very hygienic regardless
>>151809242that stinginess over money is new.the old disney educational specials have him telling his 3 nephews that money cannot be hoarded, it must be spent or the economy will grind to a halt. they ask "wait, so what is all this money in your money bin, if not you hoarding money??" and he mentions that it's just fun petty spending cash. funny enough this is exactly why the economy is so fucked right now. The rich hoard as much money as possible and cache it in real estate or offshore, funneling it from the poors through insurance or rent or debt or whatever, and none of it gets spent, just hoarded.So since the poors no longer have any money to spend because it all goes to rent/debt/etc, and all the richies are just hoarding it in offshore holdings and whatever, the economy is extremely fragile and trend like AI that generates zero actual value is going to rip it apart when the venture capital injections finally run out.Having anything more than a few billion is completely pointless, numbers-wise, it's just dickwaving at that point and functionally useless. Scrooge plays a far, far longer game than most new-money capitalists do, he actually invests his money in human beings through loyalty, so he is basically assuring his own success for the forseeable future.Post-ENRON, most hyper-capitalist richies today just do the same routine over and over: pump and dump as hard as they can. Hype up some bullshit, manufacture demand, get huge venture capital investments, put that in offshore holdings, and right as the chickens are about to come home to roost and the bubble pops, they'll glass-cliff some random woman to take the blame as the company implodes, move to indonesia and buy themselves some wives and die in obscurity from heart disease in the next 30 years.
>>151809579Dont worry, he pays Donald to clean them with a toothbrush.
>>151809734TL;DR: You lost poorfag
>>151809734take it easy nerd, it's just a cartoon duck
>>151808989The Beagle Boys successfully stole his fortune once.He asked them for one last favor -- a chance to swim through the coins.He's so obviously happy that the Beagle's try it too -- they dive headfirst and knock themselves unconscious.While they're out cold, Scrooge moves the loot back into his vault.H,D, and L ask Scrooge how he does it."I admit, there's a trick."
>>151808955>He'd cause runaway inflation and crash his currency's valueHave any Duck comics done a Mansa Musa story with Scrooge where that happens?
>>151809734>a few billionMore than one is completely pointless as a private person, and still way over the line of what you need to comfortably retire. Your average retard will argue otherwise, because a billion is such a big number it's hard to conceptualize.Take Notch and the 2 billion he got from minecraft as an example. With those 2 billions he could wipe his ass with 50k every single day for the rest of his life and still have an 8 or 9 figure amount left when he dies of old age.
>why isn't this cartoon completely realistic?
A Don Rosa comic makes the claim that the money bin is his Nostalgia Money, as in money he's touched himself to make the money, not money earned from Himalayan salt mines or whatever. It's why he always gets a flashback whenever grabbing a coin, instantly remembering how he earned it.
>>151808932Even if we estimated inflation rate being at a modest 2%, he's being robbed of more money like this than the Beagle Boys could steal from him
>>151808932>Invest in fiat currency instead of precious metals.Alright dood.Also now i want to see a story shere Scrooge tries to sabotage an asteroid mining op because it's success would devalue the entire precious metals market. Preferably if it's his own mining op.
>>151809734They hate you because you tell the truth
>>151808932All of his coins look like they're gold coins. If they're solid gold then he'a making mad dosh off of that vault. It's his own private Fort Knoz
>>151809734True. He probably keeps his gold to control the gold standard.
>>151809734>that stinginess over money is new.>the old disney educational specials have him telling his 3 nephews that money cannot be hoarded, it must be spent or the economy will grind to a halt.The stinginess came from the original Barks comics and predates that cartoon by 20 years, the cartoon is written by people completely unrelated to the original take on the character.So no, the stinginess is old.
>>151809734>newIt's been the canon for several decades, grandpa. That cartoon was 60 years ago.
>>151809896>a billion is such a big number it's hard to conceptualize.Scrooge himself can help with this.>>151809862Relevant to this too.https://www.youtube.com/watch?v=PZaDSEVuEFU
>>151808932>not realising the value of the base metal keeps the value steady>not realising the commodities/currency manipulation possible with this supply of cash reserves>not realising the liquidity needs and legal requirements for a multi-quadrillion dollar business empire
>>151808932I wouldn't be surprised if there was some exception that made it so that the cash in Scrooge's Money Bin was somehow considered to be backed by the gold in it specifically, rather than any government that originally printed it. Like they're specially stamped or tracked via serial number or something.
>>151808932>fiat fag anon desperately trying to convince himself that gold isnt superior to his bullshit stocks
>>151808989
>>151809761What's your net worth, anon?
>>151812207I got you anon for the love of Violet
>>151809277IIRC, the comics implied that swimming in treasure is a learnable skill, since Donald was able to figure out how to do it from observing Scrooge.
>>151809292>And because there's rare coins in it, it's actually gaining in value as well if he started selling them to collectors rather than just using them for the amount printedOne of them is worth so much that the only person who could afford that is Scrooge himself.
>>151808932>>151808945it's mostly bullion but even if it were pennies, the amounts that he has can be leveraged against, so his investments don't require the onerous moving of the assets underwriting thembasically he borrows the money back against itself, and as long as he has it he can keep borrowing from anybody who's prepared to accept interest payments and their money repaid over time, and as long as he services his debt before it's due (probably by borrowing against his own money, or even against the other money he borrowed), he'll always have the vault full of bullion or pennies or whatever the fuck
>>151809896have you seen notch? he ain't dying of old age
>>151812530That was only because he literally got every other 1916 quarter in the circulation and dumped them on sea just to make a point.Rosa has similar story where Donald takes his salary as rare coins. think it might've been one that mentions the bin having only funds Scrooge has earned himself by hand. It ends up by Donald getting buried under the cash, and Scrooge digging him out after figuring out where Donald is in the hoard just by looking at single coin Donald managed to deliver using vacuum pipe.
>>151810138Astronomers found a solid gold moon at a Lagrange Point on the far side of Luna so it could never be seen from Earth. Scrooge got there before any of his competitors and claimed it.The body was spherical, so it must have been larger than any irregular asteroid.It was, SFAIK, never mentioned again.Maybe Scrooge realized gold would be practically worthless if that much was suddenly dumped onto the market.Ah, found it. A ball of pure gold 500 miles in diameter,>https://scrooge-mcduck.fandom.com/wiki/The_Twenty-Four_Carat_Moon
>>151815531Scrooge's wealth is usually given with nonsense numbers like "fantasticatrillion". Just once did we get an actual figure. It works out to 3.156e17 dollars.If the story was by Barks, this was before a great deal of the Inflation we've suffered over the years -- back when money was really worth something. For example, a Pound Sterling is worth $1.34 today. The Pound was originally an actual pound of silver. A pound of silver goes for $978.54 today. That's what 2 percent inflation (which is what the Federal Reserve aims for) can do over a few centuries.
>>151810392I think most of coins in the Money Bin are just made out of gold.
>>151815734>The Pound was originally an actual pound of silverit was 5400 grains, which was about 350 grams; this is significantly under the 1950s international standard Avoirdupois pound (453g) and the various standards it replaced; it's also under the troy pound by about 20 grams
>>151809734So you're saying that way to fix the economy is to make the rich spend more money?
>>151818284it's to have more money in circulation, which is the opposite of what's happening when people are getting super richyou know how medieval europe always looks like a filthy poor shithole in movies and tv? it wasn't that bad, but it was pretty bad, particularly in the east where the Robber Barons were operating, and that generational hoarding of wealth had effects that are still with us today
>>151808932The vault is basically his fucking tip jar. He makes such an unbelievable amount of money that the US government is willing to do him favours just because of how much tax he pays. Yeah, Scrooge McDuck pays his fucking taxes, and he doesn't dick around with that reduction shit.
