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A quote from Wall Street is perfect here. "It's not a question of enough, pal. It's a Zero Sum game - somebody wins, somebody loses. Money itself isn't lost or
by azharcs 18y ago
A quote from Wall Street is perfect here.
"It's not a question of enough, pal. It's a Zero Sum game - somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred - from one perception to another. Like magic."
- Xichekolas 18y agoBleh accidentally upvoted you instead of downvoted, but this is blatantly false. If money were a zero sum game, then how do we have growth and inflation? The money supply grows, ideally at the same pace the economy grows. Businesses create wealth, and as transactions that transfer wealth grow in number, we need more money to facilitate those transfers of wealth. The money itself is only as good as the wealth it can purchase, and as that wealth steadily grows, we need more money to carry out the transactions. So it is by no means a zero sum game.
- azharcs 18y agoWall Street is a movie starring Michael Douglas, Charlie Sheen. It is a work of Fiction.
- Xichekolas 18y agoAh, my apologies then... Although you have to admit, in the context of the discussion, the title is kind of ambiguous.
- azharcs 18y agoyup my bad, I forgot to mention it was a movie but i still believe it is a one-sum game, where one person or a company has made more money than they had before, from this bubble. Just read this http://pavankumar.info/?p=52 http://pavankumar.info/?p=52 , If I am wrong, Please let me know.