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I never once mentioned, or alluded to the transfer of money being the transfer of wealth, so if you'd like to try reading my comment again with that in mind...
by quinnchr 13y ago
I never once mentioned, or alluded to the transfer of money being the transfer of wealth, so if you'd like to try reading my comment again with that in mind...
Also notice the part where I explicitly mentioned that if the money earned is never spent on good or services than the wealth is destroyed. Maybe try working on your reading comprehension before you decide to be a dick?
- mikeash 13y agoYes, I noticed where you said that wealth is destroyed if the money is never spent. Thus I concluded that you conflated money with wealth, because that statement makes no sense. Hoarding money in a savings account does not destroy wealth.
- quinnchr 13y agoWell then maybe brush up on your economic theory before rereading my comment?