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It most certainly is not a zero sum game. Any reading or thinking that led you to that conclusion is wrong.

• collyw 12y ago
  Like the politicians, another believer in the theory that shuffling money about "creates wealth". People working, manufacturing and creating things are what creates wealth. Not a magic money tree.
  • grinnbearit 12y ago
    Coordination isn't free, shuffling money around is a distributed and parallel way to reach consensus. More efficient options may exist but to the best of my knowledge none currently do
  • atmosx 12y ago
    Totally agree. An over-valued financial asset is thin air and creates nothing only the illusion of money. Add to that the ability of our current banking system to give Y-times more debit then their deposit (where Y -> OO+ ) one the one hand, on the other hand there are people producing items of value that we can actually use. The rate at which over-valued asset are sold and re-priced + banks giving away loans that they will never get back and didn't had the money to support them anyway is orders of MAGNUTUDE bigger than the primary sector and secondary sector can produce. There's also the problem of automation of the mainly the primary sector which makes things even worst. Now we have to create virtual scarcity in order to maintain this totally insane system because, let's face ... With today's technology 1 country could produce enough wheat for 5 planets.