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> The only thing that can create capital is producing more than you consume and saving the difference Here are a few ways to create capital without producing a
by rorrr 15y ago
> The only thing that can create capital is producing more than you consume and saving the difference
Here are a few ways to create capital without producing anything:
1) Buy wholesale, sell retail
2) Buy in area A, sell for more in area B.
3) Buy all of product X, create a monopoly, sell at whatever price you want
4) Buy product X, hold until price goes up (or manipulate the price), sell
5) Steal
- Astrohacker 15y agoStealing doesn't create capital. It moves it. Your points 3 and 4 also indicate you don't seem to understand the difference between creating capital and moving it. As for buying and selling stuff for a profit, you may not be producing stuff with your own hands, but you are enabling more production to occur.