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by samatman
604 days ago
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This is straightforwardly, nakedly, embarrassingly illiterate and wrong. Money has velocity. The faster it moves around, the more there is. If you're a waiter and you get tipped the same serial-numbered twenty dollar bill five times, you've earned a hundred bucks, not twenty. When economic productivity increases, there's more to buy, and more people doing and making valuable things which others want to pay them for. This increases the velocity of money, it moves around faster, so it isn't zero sum. This is taught early in any course of study in economics. Since you don't know the most basic and fundamental facts about the subject, it's not surprising that your conclusions make negative sense. You could spend two weeks of evenings on YouTube and never again reveal your ignorance in such a naked way. I highly recommend this. You're making perpetual-motion class arguments in a place where people know the second law of thermodynamics. Step your game up. |
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