Thread: 2013 is going to be much worse than 2012 for America - Jim Rogers

Originally Posted by akphidelt2007

I work for money. I then take that money and exchange it for things I want. If I own a business and someone from the military comes in, I take their money just like I take someone who earns money from Apple. You simply do not understand basic economics.

Yet, you don't work for money, you work for what you can get through the medium of exchange. That's basic economics. That you conflate the medium of exchange with actual wealth means you subscribe stubbornly to a basic fallacy. This is why I have said repeatedly that you believe firmly that money is wealth and that the creation of it creates more wealth. Your posted implies that you continue to stick stubbornly to the this false belief.

Originally Posted by Rapunzel

Money is not wealth, if that were true, the more we printed the more it would be worth.

Tell that to Akphidelt. He repeatedly claims that money is wealth. He says that he doesn't, when pressed, but then repeats the claim over and over again.

Originally Posted by BleedingHeadKen

Tell that to Akphidelt. He repeatedly claims that money is wealth. He says that he doesn't, when pressed, but then repeats the claim over and over again.

well what can you expect from someone that attended university at the zimbabwe school of economics