Gove's attack on Carney follows comments by Theresa May in her recent Tory party conference speech in which she criticised low interest rates and money printing – quantitative easing – for damaging returns for savers while making owners of assets richer.
They are often asset rich but cash poor.
"We are asset rich but cash poor," she said.
But those who are cash poor but asset rich will struggle to find finance".
Many pensioners are asset rich but cash poor, besides those paying exorbitant rents.
Many pensioners who are cash poor are, thanks to their houses, asset rich; and wealth is wealth.
Amanda Vanstone, the minister for indigenous affairs, argues that the traditional owners now are "asset rich but dirt poor".
Just ask all those asset rich, cash poor pensioners who have mortgaged their homes in lopsided deals.
It is asset rich, cash generative and unloved as it goes though the bottom of the cycle.
"The company is asset rich, has new management at the helm and is shedding noncore real estate and other assets," Mr. Gabelli said.
