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k98killer
Mark Moss
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Comments by "k98killer" (@k98killer) on "WARNING The LARGEST Wealth Transfer JUST STARTED" video.
Wealth is not conserved. It is often destroyed, such as in war or due to bad management of resources by a monopoly. It is often created, such as when new businesses are created to fill an untouched market niche. Sometimes, it is simply an illusion and didn't exist in the first place, such as digits on a screen -- "pixie dust" as the investment bankers say -- the Bezzle. The 2008 GFC had elements of wealth transfer, wealth destruction, and disillusionment.
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