Garacious

Garacious t1_j20n53r wrote

So... capital. Money is a symbol for capital. Its amazing how much of a selective reader you are. Also if you read your own comment a few more times you can see that trade is an important element of wealth. People trade their wealth with each other, so no one actually creates wealth out of thin air.

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Garacious t1_j20j91a wrote

Okay let me ask something else, what do you think wealth is? Cause i feel like we are talking about completely different things. When i say wealth, i mean the money (or the capital) you own and i think a lot of people will agree with me on that. Also for the book example, you know preordering is a thing right?

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Garacious t1_j20absv wrote

What im trying to say is, wealth and value are seperate things. Of course wealth can be produced and grown, im not arguing that. But to produce that wealth, first someone needs to agree on the value you placed on something, and they need to actually give you their wealth in order for you to produce it. Can you answer me how can one generate wealth, or money, without someone else giving up their own wealth?

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Garacious t1_j207ik6 wrote

But when you write a song or a movie, its not like it has some inherent value to it. You assign some value to it and if enough people agree on the value you placed, you can sell that thing to generate wealth. Just because we assigned some abstract value to these things, does not mean it creates wealth out of nowhere. If people dont agree on the value you placed, they will not give you their wealth and you will not be producing wealth.

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