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#267637 - 06/11/04 02:30 PM Re: Powell on Iraq
Theking Offline
River Nutrients

Registered: 10/10/03
Posts: 4756
Loc: The right side of the line
Stlhd,

You claimed a fixed pool of money. If that where the case there could only be a $ of cash available for every $ worth of hard goods. There is not and your own ill informed examples of the stock market prove your claim false. If everyone sold 100% of their stock today the price would go through the floor as there is only x ammount of cash to cover the sale. The fact that stocks are sold at different times ,on margins, overseas etc account for the inflated value of such. Proving your point dead wrong about a fixed ammount of wealth. Again it is a dynamic system .
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#267638 - 06/11/04 02:53 PM Re: Powell on Iraq
stlhead Offline
River Nutrients

Registered: 03/08/99
Posts: 6732
OK one more attempt and read slowly:

There is a fixed pool of money, wealth, whatever you want to call it whether you want to think of a global economy or only domestically. If it grows that is inflation. Inflation means you really didn't grow because the price of everything went up in relation. The same if it shrinks. Prices then drop which is deflation. Numbers might look bigger or smaller and wealth changed hands but the actual value of the wealth is finite.
_________________________
"You learn more from losing than you do from winning." Lou Pinella

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#267639 - 06/11/04 03:56 PM Re: Powell on Iraq
Theking Offline
River Nutrients

Registered: 10/10/03
Posts: 4756
Loc: The right side of the line
Only in the sense if every hard asset in the world was sold at the same time. Has that ever happened? It would have to to use your argument to define the reasons for poverty. the tuth is you cannot support your claim so you are going to be obtuse to deflect from your claim that poverty is inevitiable and therefore no one can be held accountable for poverty except those that hold too much resource. Socialist thoughts and reason.
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