not_IO@lemmy.blahaj.zone to Microblog Memes@lemmy.worldEnglish · 18 days agoalso the climate, war, natural disaster and dictatorships but stilllemmy.blahaj.zoneimagemessage-square25fedilinkarrow-up1495arrow-down18
arrow-up1487arrow-down1imagealso the climate, war, natural disaster and dictatorships but stilllemmy.blahaj.zonenot_IO@lemmy.blahaj.zone to Microblog Memes@lemmy.worldEnglish · 18 days agomessage-square25fedilink
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up0arrow-down3·18 days ago If I bring in more resources and lower the price, then suddenly people can have more stuff with the same amount of money And lower the price… Exactly, you’re not creating wealth, you’re lowering the price of a resource You literally just said it yourself
minus-squareCarbonIceDragon@pawb.sociallinkfedilinkEnglisharrow-up3·18 days agoWealth is not money, as the concept of inflation demonstrates. It is the stuff money represents. If you create more of that, you’re creating more wealth.
Exactly, you’re not creating wealth, you’re lowering the price of a resource
You literally just said it yourself
Wealth is not money, as the concept of inflation demonstrates. It is the stuff money represents. If you create more of that, you’re creating more wealth.