News for hackers. Stuff that matters.
Re:TWTR by lowboy on Thursday November 07, 2013 @03:30PM (#6692174)
I think you have different requirements on what constitutes "wealth".
Re:TWTR by bolder88 on Thursday November 07, 2013 @04:11PM (#6692432)
If you print some more money is that wealth?
Re:TWTR by lowboy on Thursday November 07, 2013 @04:37PM (#6692587)
Yes, because it could be exchanged for other goods and services. You could buy gold or land (if you printed enough money). Is that not "wealth" to you?
Re:TWTR by SideburnsOfDoom on Saturday November 09, 2013 @11:31AM (#6702095)
Just printing money in the absence of a reason is generally regarded as a bad idea. More money in the system casing the same quantity of things to buy just causes prices to go up to compensate. In short, inflation. this is very basic economics.

So the short short answer to "If you print some more money is that wealth?" is "No".

https://www.google.co.uk/search?q=printing+money+inflation http://economics.about.com/cs/money/a/print_money.htm