| Re: Scarcity - and how capitalism solves it |
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Group: alt.philosophy · Group Profile
Author: SeanSean Date: Sep 7, 2008 20:28
"Publius" nospam.comcast.net> wrote in message
news:Xns9B125F3D337FEmpubliusnospamcomcas@216.196.97.136...
>>> In other words, original capital came from the same place it comes
>>> from today --- everyone who deposits money unneeded for current
>>> expenses in a savings account, mutual fund, money market fund,
>>> venture capital fund, etc., is a capitalist; he is financing the
>>> expansion of the economy.
>>
>> BULLSHIT .... Loaned $ is created out of thin air when a pen is placed
>> on paper.
>
> Really? Perhaps you can explain exactly how that is done. I'd love to
> create some money out of thin air.
>
> Tell you what --- you explain how to do that, and I'll create a billion
> and
> loan it to you at half the going rate.
>
> But then, you wouldn't need it, since you already know how to create your
> own money out of thin air.
>
If you don't know by now how the system works, me mentioning again won't
help. Do your own research. I'm not your slave, i owe you nothing. BYE
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