| ▲ | thothless 2 hours ago | ||||||||||||||||
your first question was better. "how does creating wealth hurt others?" most of this "wealth" is not "created" out of thin air. nor created at all. more like, transferred. | |||||||||||||||||
| ▲ | satvikpendem 2 hours ago | parent | next [-] | ||||||||||||||||
Wealth is a positive not zero sum game. It is not transferred except in the most literal cases like lotteries and casinos. | |||||||||||||||||
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| ▲ | crossbody 2 hours ago | parent | prev | next [-] | ||||||||||||||||
If your logic is right, people back in the Stone Age were all like Jeff Bezos with mega yachts and stuff... It all went downhill from then - the population has increased so much and everyone has gotten so much poorer :( | |||||||||||||||||
| ▲ | demritocracy an hour ago | parent | prev [-] | ||||||||||||||||
looks like a lot of wealth was created out of thin air about 6 years ago https://fred.stlouisfed.org/series/M1SL | |||||||||||||||||