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Recent content by bboyu

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    Chinese Currency Devaluation

    INVESTING 
    Seen as the seniors are on this thread im going to ask you guys a question as im not understanding this. Central banks print money which become reserves for commercial banks who then lend according to reserve ratios under the fractional banking system. Now how do they decide how much and when...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Or is the money pie finite?
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Money was invented due to trade - to get away from the inconveniences of barter - money an IOU was established as a means of exchange due to trade. What i would like to know is what is the relationship between money supply and business. Yes there are certain things which are not included in...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Right guys, I understand a bit more than before about the subject. Money at any 1 point in time is an x amount. It is currently increased by the central bank of a country through monetary policy. What I am trying to find out is the mechanics of how money increases through business and...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Great vid Masterneme. I found that vid whilst searching endlessly on youtube for a more thorough discussion on money supply. Now what i would really like to know is how and when does money supply actually get increased in an economy, eg its link with gdp and activity in the economy. I know...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    what are the real wealth creators? I mean fastlane wealth? is fastlane wealth = money? where does the distinction lie between chasing money and chasing real wealth? wealth creators that allow one to attain freedom? Can anyone list them? for example the stock market is that a wealth creator...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    so guys Wealth can be created by taking something and making it into something else which solves a problem or makes something easier to do or saves time - this is something which didn't exist in reality but in someone's mind. Wealth is now created as an extra resource for humans has been...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Appreciate your response but what I'm trying to understand Is how can a country or an area within a country become wealthy and come out of poverty and the dark ages by simply building things and bartering with others for things they have made? the original money that he has paid for the chair...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Okay so the banks create more money out of thin air but wealth itself is not created by printing money.
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Okay so the banks create more money out of thin air but wealth itself is not What is wealth then? and why is wealth measured in this "tool"?
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    I have a question that I've been pondering upon for a few days now. There's a belief that Money and Wealth is the same thing. Apparently there's a difference between the two. There's a set amount of money which is circulating around a country or the world for that matter. So when you pay...
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    What the Fastlane Community has done for me

    Nice post man, is Vigilante's thread on the inside? Could you post a link to it if it isn't?
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    Why Haven't You Started?

    NOTABLE! MINDSET 
    A any advice for me guys? I feel i myself am holding myself back due to much info and knowledge ive gained, in a habit of jus reading and asking, until i can write universal and timless ways to find and do things, itl take too long bfore i accomplish anything
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    Why Haven't You Started?

    NOTABLE! MINDSET 
    I cant move forward until i have thought about all the possibilities of things, ive read so many books one simple idea, tmfl etc etc - been trying to write down this to a T for like a year now after i got my mindset right on how to find an idea?then i switched to how to research markets...
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    Black Friday = Fastlane Friday

    EXECUTION 
    I agree with you but if i wanted to take advantage of price differences (retail arbitrage) how would i go about it?
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