reply to post by Wrabbit2000
You are absolutely correct in your analogy about creating wealth from your labor using lesser materials to make a more valuable product.
That is the proper idea behind capitalism. You always run the risk of reloading those casings to make ammo and then no one buys it and you have
your time and initial capital tied up and get no money, or the market price of ammo drops and you don't make what you expected etc. Or the price goes
way up and you make a ton. That is the risks in a free market.
What has no business in a free market capitalist society....you make that ammo and you don't sell any. You are in need of money. The country's
government sends you money for food, shelter, cell phone, whatever. Maybe I am in the widget business and my particular widgets are in demand. I am
making a ton. Damn shame for you I don't need any ammo. But my government pays you that helping hand out of the taxes I am forced to pay on my profit
from my widgets. A small bit of socialism to provide a social safety net. Except we are now doing it for large billion dollar banks, auto
manufacturers, airlines, etc. Now, the guys running those shows, they don't produce any reloaded ammo in the their garage. They don't produce a damn
thing of any value. In fact the government is bailing them out with our money, while they still live large, much more so than your reloading business
could ever provide you. THAT IS STEALING, and there are a hell of a lot more than a few dozen or a few hundred in the world doing that stealing.
One way in which the system is being propped up is through the printing of money out of thin air. Just because there is more paper, there is
certainly not more wealth. You start the reloading business from your example and it does well and you make yourself ten times the average income of
the average guy. Bully for you man! And those dollars you are making for your same labor and capital are worth less and less. So while you are doing
nothing different, and running a good honest business, your wealth is actually declining.
So your point that wealth can be created, that it is not a zero sum game is true, but my point is that money can be created, and is considered
wealth by the world at large, even though nothing of value has been added to the equation.
This would not be so detrimental if that money reached the hands of every day guys like us. But is doesn't. It goes to pay our national debt, to
take care of entitlements, and most infuriating into the hands of those bozos I mentioned above while diluting the power of what money we have through
Ok....I got a headache now.....I dam sure hate problems I can do nothing to solve.
Barter system anyone?