Re:U.S. personal income posts first drop in over three years
by jpadkins on Friday March 01, 2019 @11:50AM
(#19282551)
If you create a new good or or perform a service, you have created new wealth. (building a log cabin created wealth)
wealth is not zero sum.
Even money is not zero sum. Anytime someone creates credit, new money is created and the money supply is expanded. And money is not representation of wealth. It is a unit of account and transfer.
Even money is not zero sum. Anytime someone creates credit, new money is created and the money supply is expanded. And money is not representation of wealth. It is a unit of account and transfer.