4 ms·
True, but we do accumulate wealth, in the form of houses, infrastructure and other quite permantent stuff.
by yxhuvud 14y ago
True, but we do accumulate wealth, in the form of houses, infrastructure and other quite permantent stuff.
- rayiner 14y agoWe do, but our rate of nominal wealth accumulation bears no relation to the rate at which we accumulate tangible physical assets. Not to mention that most of those physical assets depreciate, which must be accounted for.