If I knowingly create a pallet of fake gold bars and sell them to an unsuspecting idiot for far more than they're worth, then was that "real" wealth? I'm not s

If I knowingly create a pallet of fake gold bars and sell them to an unsuspecting idiot for far more than they're worth, then was that "real" wealth? I'm not sure what the distinction between real or fake wealth is here. If someone overvalues an asset, whether through lies or ignorance, does that make a difference? Or it's all real as long as someone else is fooled to purchase the asset? Either way, it's silly for people to talk about accumulated wealth of a nation in a way where trillions can be erased from one day to the next, typically when someone finally realizes that debt valued at X is not actually going to be repaid in full and is therefore only worth Y (less than X). I don't see how that's core to capitalism, and I don't believe the system we've been in has much to do with capitalism other than the relatively free exchange of goods. There should be another name for whatever this system is, which mixes elements of capitalism and socialism, but more finely controlled by spreadsheets handled by large banks. I believe it's been called "financialism" in the recent past. In this system, wealth is some cell in a bank's spreadsheet, and one day they realize they fucked up and it's all "gone. Meanwhile, there was a small minority of other people participating in the market who knew about the fuck-up ahead of time and were able to profit off of it by properly valuating the asset/liability.