stackyFACTSThe founding father of the wealthiest nation on Earth was historically bad at maintaining liquidity.
The founding father of the wealthiest nation on Earth was historically bad at maintaining liquidity. Despite owning massive tracts of land, Washington's wealth was tied up entirely in real estate and terrible agricultural investments. When he was elected as the very first President, he realized he literally did not have the cash on hand to pay for the carriage ride to New York. He had to take out a high-interest loan just to show up for his own swearing-in.
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