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Forum nameOkay Activist Archives
Topic subjectNASDAQ
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=22&topic_id=18523&mesg_id=18574
18574, NASDAQ
Posted by k_orr, Thu Feb-15-01 12:22 PM

>Given: There is a finite amount
>of money in the economy.

Money is not a resource, it's a medium for exchange. Furthermore the economy is not a zero sum game. Hence I bring up stocks and investments. When "wealth" is created, it's really just hype/lust after a stock. In Bill Gate's case, most of his wealth doesn't come from his take on the # of programs sold, but rather, a lot of people want to buy his stock. Day to day the stock price can change, yet the people, labor, and capital that makes up microsoft stays the same. When the demand is up, the price increases, and wealth is created from nothing. But easy come, easy go.

Bonds/Loans create money. I give you a loan, you have to pay me back interest. In my case the fed government gave me 18,000 for school, and I give them 30,000 back. They just created 12,000 by betting on my future.

Indeed, money is really just a score card.

>Isn't that kinda backwards. If I
>have trouble learning, shouldn't that
>be a reason for me
>to go to a school
>with better teachers?

It's like trying to tune a Geo Metro for racing instead of the Corvette. Does it make sense to spend your best resources on people that can only be average at best?

It's cold no doubt, but that's pretty much how most societies work.

The European
>countries do so because they
>are competing with Capitalist countries
>who do so.

It's like
>they're socialists internally and Capitalists
>externally.

It's also why most of those countries have unemployment rates 2-3 times that of the USA. It's why some european companies use "cheap" american labor to make their cars.

>>
>>>- Teachers should be valued as
>>>much a doctors,
>>
>>Someone who teaches math and history,
>>vs someone who can save
>>my life?
>
>How do the doctors become doctors
>without the teachers?

But Is a 1st grade teacher doing as much to help humanity as a 1st year intern?

How can you value life and health over facts and figures?

>Doing for self and embracing capitalism
>are birds of 2 different
>feathers!! Unless, we plan on
>remaining within the present social
>construct. Independence and assimilation don't
>necessarily go hand in hand.

Assimilation ain't what I'm talking about.

peace
k. orr