hˈoʊldɪŋ ˈæsɛts ɪn ɐ hˈaɪli lˈɪkwɪd fˈɔːɹm tˈɛndz tə ɹᵻdˈuːs ðɪ ˈɪŋkʌm fɹʌm ðæt ˈæsɛt kˈæʃ, fɔːɹ ɛɡzˈæmpəl, ɪz ðə mˈoʊst lˈɪkwɪd ˈæsɛt ʌv ˈɔːl bˌʌt pˈeɪz nˈoʊ ˈɪntɹɛst
Holding assets in a highly liquid form tends to reduce the income from that asset (cash, for example, is the most liquid asset of all but pays no interest)