Originally posted by SteveR
I don't need your balance. I've no doubt you've made a pretty penny. In other words what makes them so rediculously successful? Is it their lack
of morals, their connections, their talent, their knowledge, their enthusiasm? You haven't provided much of an insight in to their world for the
rest of us.
I could go into details, but why when simple can do
When a person sells cookies, or shovels or whatever. If that person
can sell a lot, that person makes gobs and gobs of money
That is legitimate, that is right.
But trading and Banking is different.
In Trading, you make more money the more money you have,
and the more markets you trade, so the more markets you
can find where people invest money in, you as a trader can
chip off the top, and keep chipping off the top
As for Banking, the more money you loan out the more
money you make, so in other words the more people
you put into debt, and if possible debt for life, the richer
especially if that money you loan is NOT REAL but created
out of fractional reserve lending, or even worse created and
simply given to you by Federal Reserve.
Literally, money out of thin air.
Imagine being in business where you simply wake up
one day an say, I think today I will have 100 million dollars
And I think I am going to loan it to people, so that they
pay me back with interest, so I will get back my 100 million
PLUS 30 million
Awesome Awesome Awesome
So while everyone is working their ass off
you sit like a king and wonder how is it that people
can be so stupid, to let you work like this and get
bigger and richer, bigger and richer, every single year.