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 someone something they have gained but you have made a loss, if the thing you've bought is not satisfactory.
Their gain is your loss = Zero Sum Game of money.
Yes someone can create a chair from a tree and create value but that has to be paid for with money? Where is the extra wealth created? How is wealth created? How is the extra Wealth then created if there's a set amount of money? and where does the extra money come from to make someone more wealthy?
The same money that has been paid for the chair has come from somebody else who got it from somebody else and now sits with the chair maker who will pay the guy who makes the chainsaw who now has the same money?
How has that made the chair maker more wealthy?
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 someone something they have gained but you have made a loss, if the thing you've bought is not satisfactory.
Their gain is your loss = Zero Sum Game of money.
Yes someone can create a chair from a tree and create value but that has to be paid for with money? Where is the extra wealth created? How is wealth created? How is the extra Wealth then created if there's a set amount of money? and where does the extra money come from to make someone more wealthy?
The same money that has been paid for the chair has come from somebody else who got it from somebody else and now sits with the chair maker who will pay the guy who makes the chainsaw who now has the same money?
How has that made the chair maker more wealthy?
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.