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Originally Posted by TheDoc
If say 5 of us come together, decide we're going to do business together with a focus of helping each other... we could easily create a money flow chain that would allow us to move larger sums of money, benefit from a wider range of investments, purchasing power, exchanges of money, or say sharing of traffic flow purchased as the volume of money is moved and replaced, benefiting each persons Company before they money flow happens to them and during. As the various money/business is exchanged, wealth is instantly created.
Think about how the Gov gives money to loan and they charge interest, and takes back it's own money as payment for interest when it didn't give out enough to pay back both. It's not possible and it's not like the fed reserve actually prints all that money..... Simply by the money moving around, it creates more money, it creates wealth.
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You are right, but you are phrasing it wrong... wealth isn't created by just moving money, it's created by doing something useful..
Like for example "benefit from a wider range of investments"... investing is no doubt a useful activity, but it's clearly not as simple as just "moving money around"... investing takes effort, takes planning, risk is undertaken, useful goods/services are purchased in the investing process, etc...
Quote:
Originally Posted by TheDoc
With your example, it's too small but it does apply some what. As a Corporation, if I only have $100, we all trade I then I have $300, I earn 1 cent interest per 100 lets say, we exchange back. I have $100 and 3 new pennies - instead of one. All from doing nothing but moving money, and that's only looking at one aspect of it.
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We would have made 3 cents anyway (1 cent each)
