2 ms·
Yeah I don't agree. Making wealth is not a zero sum game. If that were true, the global supply of money would be finite and long term all money would be deflati
by carabiner 4y ago
Yeah I don't agree. Making wealth is not a zero sum game. If that were true, the global supply of money would be finite and long term all money would be deflationary as the population has increased. And if truly an exchange of goods/money left no one better off, then markets would not exist. Why would anyone give their labor or money to someone else if they end up worse off for it?
But if I buy some rice from the Indian market, then we are both better off because we've made an exchange for items that have greater value for us. I don't see why it's any different for investments when no one is compelled to buy or sell.