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7. Wealth Magnets page 53

 

This is the name given to natural resources such as Land, Oil, Gas, Radio
Frequencies, etc., that can be likened to magnets that attract the wealth of
a society as magnets attract iron filings.

Land in particular is such a resource; it is almost without challenge - in the
medium and long term - for its low risk and virtually certain increase in value.
This fact makes a huge addition to the cost of homes and other real estate property.


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