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FrodosPet

(5,169 posts)
10. As far as "Creating Wealth" goes
Fri Nov 2, 2012, 03:36 PM
Nov 2012

I suppose it depends on your definition of wealth.

Money is not wealth. Money is a number, a medium of exchange which has nearly infinite variability.

A wealthy country is one that has the physical, intellectual, and infrastructure resources to provide a sufficient, and even superior, standard of living for its citizens. People have food to eat, energy to stay warm in the cold times and cool in the hot. They have medical care to recover from illness and injury. They have roads and rails to move products from where they are produced to where they are needed. And they have arts and entertainment and sports to provide emotional and/or intellectual satisfaction and growth.

Wealth CAN be created, and MUST be created - if for no other reason that there is no such thing as static wealth. It is in a constant state of consumption and deterioration.

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