posted on May, 29 2017 @ 04:02 PM
originally posted by: LucidWarrior
I stopped listening at 5:00, not going any further. He had me until he said it was the lack of money that caused all the problems in the world, that
he just wanted to be comfortable but that he realized to do that he had to be rich, and 'money is right up there with oxygen'
If he can't see that money is exactly the thing that is preventing resources from being distributed effectively, so that for it's lack people will lie
and steal... If he can't see that, for one man's wealth is another man's poverty... that the very fact you have to be rich in order to be comfortable
is the cheese of this rat race which pits us all against each other... Then I am interested in nothing further he has to say.
That's not exactly true. Money is a medium of exchange. Wealth is having a system of leverage like owning and renting out 10 houses. Or if you own a
company, if you have a 1000 people working for you, they will do more work in one day than you can do in 3 years. Having wealth is what makes you
rich.
However, poverty has to do with the scarcity of money. The workers could have lots of money and the economy can be on the edge of overheating.
People having money to buy goods and services has to do with wages and pricing. Supposedly the economy overheating is bad thing but the only time
I've ever seen was in the year 1999. People had so much money they were paying off their houses in 3 years. Those were great times. Today, there's
been a 200% inflation in the prize of plain pizza since 1999. Wages have NOT gone up 200% since 1999. The American worker is effed in poverty
wages.
I think we no longer have free markets to wring out the inefficiencies of over pricing and high CEO pay. The lobbyists cost a lot to give money to
but it's the price the CEO has to pay to maintain the cartel or monopoly.
I don't believe "one man's wealth is another man's poverty" as you say. Workers can be flush with cash and still not own the same level of wealth as
rich people. You would think the American people would be capable enough to meet all their material and spiritual needs as well has carry along the
weak and needy. But the politicians say it can't be done. We just can't have enough money to have happy and secure workers. As if the rich would
not have more than enough money to have exactly what they have now. In opinion, the rich will have MORE money because when a huge number of people
have lots of money people become greedy about money. So money becomes worth more. The way things are today whats the point of working at all when a
large plain pizza costs $13.00. Or decent car costs $35,000. Eff it.
edit on 29-5-2017 by dfnj2015 because: (no reason given)