3 ms·

How many times do I have to repeat myself? I never said "wealth" exchange was a zero-sum game. I said currency exchange is a zero-sum game.

• xenophanes 17y ago
  You mean trading currency for currency doesn't go anywhere? Umm, I guess so. What's your point? The guy wasn't in the currency exchange business.
  • forensic 17y ago
    You'll have to scroll up to see his point. It was related to how the title of article was aiming at the possession of currency rather than the possession of wealth.
    • codexon 17y ago
      Yes it's quite sad how I had to repeat myself 3 times. At least you understand :) What I don't understand is why when anyone here sees the word "zero-sum" they rush in to talk about Paul Graham's explanation of wealth creation regardless of what the subject is. And sadly I've since then lost 5 karma from people who like to jump on this "wealth is not a zero-sum game" bandwagon.
      • xenophanes 17y ago
        Is it sad that you assume all capitalist people here are repeating views from PG, rather than explaining their own independent views?
        • forensic 17y ago
          But they are repeating PG's views. And they're doing it out of context.
        • codexon 17y ago
          What's happening here is that Paul Graham wrote about apples, and I am writing about oranges. You saw the word fruit and now you keep saying apples apples apples.
  • codexon 17y ago
    No, what I am saying is that trading currency for goods, like stocks, is a zero-sum game. The pool of money stays the same (barring the fed printing more). Why is this so hard for you to understand?