08-15-2018, 03:41 PM
(08-15-2018, 03:34 PM)michaelsean Wrote: In the stock market, someone may have lost in the trade and someone won, but I also won and I didn't sell so it's a net increase in wealth. So can we say wealth can be created disproportional to the losses incurred?
We don't know if that is necessarily true, though. That would take a lot of calculations that I have neither the patience nor the skillset to make.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
