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If I guy that got awfully rich by shuffling money around instead of actually producing anything of value gets scared, then I feel like perhaps the economy may g
by teekert 7y ago
If I guy that got awfully rich by shuffling money around instead of actually producing anything of value gets scared, then I feel like perhaps the economy may get a bit more fair. Bring it on.
- tempguy9999 7y ago> Bring it on I'm no economist but you getting your wish may be the last thing you want.
- adeptus 7y agoWhat you call "shuffling money around", other's call funding companies with potential so they can sustain or accelerate their business, hire more staff, develop new products, provide those products in new regions etc. Investing is how you get rich in this world. Whether it's real estate, stocks, bonds or any other non-depreciating asset classes. Investing is not without risk. America would not be what it is today without investors risking their money since at least the 1920's. If you think continuously successful investors don't work for their money, then you are simply ignorant about the complexities and time consumption that continuously successful investing requires.
- teekert 7y agoYou mean the country where the rich get richer and are the only one enjoying education and healthcare? The country where poor is the new "middle class"? Money makes money in our current (imho diseased) economy, but it is coming from somewhere.