Broadly it means that when the dollar weakens such that the price of gold spikes, what is limited capital seeks safe-haven in hard, unproductive assets like gold, oil, art and property.
广义来说，它意味着当美元走弱时，资本会寻找硬资产作为避险天堂，他们会投向非生产性资产，比如黄金、石油、艺术品和地产，黄金的价格会因此飙升。
But the activity of property speculation and the sale of dwellings are just as unproductive and incapable of creating wealth as any other exchange of commodities.
但是倒卖产权以及房产销售同其他日用品交易一样既无甚收益也不能够创造财富。
Citing John Stuart Mill, they advocate rebalancing taxation away from earned income towards unproductive assets, notably the wealth generated by the long property boom.
他们引用约翰·斯图亚特·米尔的理论，鼓吹在收入和非生产性资产方面重新平衡。值得注意的是长期资产的兴旺发达给他们带来的财富。
Citing John Stuart Mill, they advocate rebalancing taxation away from earned income towards unproductive assets, notably the wealth generated by the long property boom.
他们引用约翰·斯图亚特·米尔的理论，鼓吹在收入和非生产性资产方面重新平衡。值得注意的是长期资产的兴旺发达给他们带来的财富。
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