Quote:
Originally Posted by woj
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...
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I prob used a few terms, incorrectly
I think they used the term, Money flow. It's the flow of money that allows the wealth to be created (up and down flow). Even in say the investment example, if money can't be moved no money can be made. For sure going to take some work either way...
Quote:
Originally Posted by woj
We would have made 3 cents anyway (1 cent each)  |
Correct, 1 cent each doing nothing vs. 2 cents profit 'each' by moving money.