This has the consequence that in a time of no economic growth money is not wealth, which you may or may not be comfortable with. (I personally think money is a paradigmatic example of wealth, so that any definition of “wealth” that doesn’t cover money is ipso facto not a definition I’d want to adopt.)
This has the consequence that in a time of no economic growth money is not wealth, which you may or may not be comfortable with. (I personally think money is a paradigmatic example of wealth, so that any definition of “wealth” that doesn’t cover money is ipso facto not a definition I’d want to adopt.)