3 ms·
If you create a new good or or perform a service, you have created new wealth. (building a log cabin created wealth) wealth is not zero sum. Even money is not
by jpadkins 8y ago
If you create a new good or or perform a service, you have created new wealth. (building a log cabin created wealth)
wealth is not zero sum.
Even money is not zero sum. Anytime someone creates credit, new money is created and the money supply is expanded. And money is not representation of wealth. It is a unit of account and transfer.