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In cases like those in the article, these savings aren't stowed away in gold bars under rich people's mattresses, they're mainly in investments that continue to

In cases like those in the article, these savings aren't stowed away in gold bars under rich people's mattresses, they're mainly in investments that continue to yield dividends. Those investments are going to various companies that are actually doing something with that money, so it's still circulating through the economy. Is there something I'm missing? I admit I'm not as well-versed in economics as I'd like to be.

crimsonalucard 11y ago
Unless it's an ipo an "investment" or exchange of stocks for money on a stock market is simply just a trade among shareholders that generates zero GDP. It does go back into the economy and thus circulates. Dividends is wealth generated by laborers and taken by shareholder owners. Sitting on stocks and eating up dividends while contributing no work of your own does not cause money to circulate through the economy in a good way. What it does is it causes your own wealth to grow unfairly, further increasing wealth inequality.
- walshemj 11y ago
  mm tried to run a business with out access to capital. Your being very naïve.
  - crimsonalucard 11y ago
    Good for you. How does you running a business without access to capital make me naive? Doesn't that make you niave?
    - walshemj 11y ago
      I have had to chair share holder meetings to discus difficult financing decisions. I have also been made redundant the hard way when a company went bust ie they hand been paying the social security so I could claim unemployment. Are you still a student as your attitudes certainly indicate you might not have had to deal with the real world.
      - crimsonalucard 11y ago
        No I'm not a student, but you publically, immaturely and insultingly stating that my behavior marks me as someone who has not dealt with the real world does not bode well with your claim that you chaired shareholder meetings. I certainly wouldn't want such a person making difficult financial decisions. You realize what would happen if you called someone niave in the real world? Surely you would know that such a statement doesn't facilitate open discussion even if the person in question was actually niave. Of course, I'm being redundant since your extensive experience with the real world should make you abundantly aware of this. You still haven't answered how YOU running a company without access to capital makes ME niave.
        walshemj 11y ago
        Learn to read English. I was inviting you to explain how you would run a company without access to capital. Also look at how your comments on this thread have been treated.
        crimsonalucard 11y ago
        People can vote me down if they think I'm wrong or if they they don't like what they see. What I haven't seen happen is an outright personal attack where I'm called naive and accused of being someone who hasn't "dealt" with the real world. Your english used the past tense "tried" indicating that it was something you did in the past. I think instead of me learning how to read english you should learn how to write it. As for forming a company without capital. It's never been done, and I never suggested it was possible. Maybe you're the one who should learn how to read.
        walshemj 11y ago
        You might want to look up rhetorical question which was what my initial comment was.
        crimsonalucard 11y ago
- reagency 11y ago
  Repeat after me: Money is not wealth. Money is not wealth. What you spend your money on is wealth. Sitting on a number in a computer file does not cause inequality.
  - crimsonalucard 11y ago
    hey buddy. Repeat after me. Money is wealth. Money is wealth. When you spend your money on wealth, you are doing a trade or an exchange. Wealth for wealth. If money isn't wealth, why the hell would anyone give it away in exchange for empty paper? They don't. Because money is wealth. That's why when people have lots of it, we call them "wealthy"

crimsonalucard 11y ago

Unless it's an ipo an "investment" or exchange of stocks for money on a stock market is simply just a trade among shareholders that generates zero GDP. It does go back into the economy and thus circulates. Dividends is wealth generated by laborers and taken by shareholder owners. Sitting on stocks and eating up dividends while contributing no work of your own does not cause money to circulate through the economy in a good way. What it does is it causes your own wealth to grow unfairly, further increasing wealth inequality.

walshemj 11y ago
mm tried to run a business with out access to capital. Your being very naïve.
- crimsonalucard 11y ago
  Good for you. How does you running a business without access to capital make me naive? Doesn't that make you niave?
  - walshemj 11y ago
    I have had to chair share holder meetings to discus difficult financing decisions. I have also been made redundant the hard way when a company went bust ie they hand been paying the social security so I could claim unemployment. Are you still a student as your attitudes certainly indicate you might not have had to deal with the real world.
    - crimsonalucard 11y ago
      No I'm not a student, but you publically, immaturely and insultingly stating that my behavior marks me as someone who has not dealt with the real world does not bode well with your claim that you chaired shareholder meetings. I certainly wouldn't want such a person making difficult financial decisions. You realize what would happen if you called someone niave in the real world? Surely you would know that such a statement doesn't facilitate open discussion even if the person in question was actually niave. Of course, I'm being redundant since your extensive experience with the real world should make you abundantly aware of this. You still haven't answered how YOU running a company without access to capital makes ME niave.
      - walshemj 11y ago
        Learn to read English. I was inviting you to explain how you would run a company without access to capital. Also look at how your comments on this thread have been treated.
        crimsonalucard 11y ago
        People can vote me down if they think I'm wrong or if they they don't like what they see. What I haven't seen happen is an outright personal attack where I'm called naive and accused of being someone who hasn't "dealt" with the real world. Your english used the past tense "tried" indicating that it was something you did in the past. I think instead of me learning how to read english you should learn how to write it. As for forming a company without capital. It's never been done, and I never suggested it was possible. Maybe you're the one who should learn how to read.
        walshemj 11y ago
        You might want to look up rhetorical question which was what my initial comment was.
        crimsonalucard 11y ago
reagency 11y ago
Repeat after me: Money is not wealth. Money is not wealth. What you spend your money on is wealth. Sitting on a number in a computer file does not cause inequality.
- crimsonalucard 11y ago
  hey buddy. Repeat after me. Money is wealth. Money is wealth. When you spend your money on wealth, you are doing a trade or an exchange. Wealth for wealth. If money isn't wealth, why the hell would anyone give it away in exchange for empty paper? They don't. Because money is wealth. That's why when people have lots of it, we call them "wealthy"