OT "making" money


It seems that many people are running loose these days telling us how to 'make' money. by leveraging real estate or stocks etc.
and thats fine with me.
However it is not really 'making' value of any sort..... if I am allowed to subsitute the term.
Mistaking value for money on a cultural basis has led us to offshore actual value producing activity and jobs and replace them with various manipulations where no actual value is created..
. yes manpower is used up in the process... such as in civil service etc...banking or investment or poodle washing... no actual value is *created.
Money IS earned though...
it is money with no value backing to the degree that the culture as a whole is engaged in these core level non productive activities.
and yes I will grant you that many people, say attorneys for instance who produce no goods are still valuable in that they support the structure that allows goods production and fair exchange etc...
many if not most people fit that category.
However without the actual goods production... production of valuables, there is no real economy... as we offshore the production we are left with these support costs but no way to pay for them ourselves.
thus... we ship a few trillion dollars a year to other nations... now they own us.
Our govt lies to us and tell us our Gross Domestic Product is up.. as they consider govt expendatures part of it... and bogus banking part of value creation etc... none are. These are overhead costs..not goods production. when you pull the goods production out.... as we have... you are left with over costs.
those are *not GDP.
We are now left with much less to sell the other nations... and they sure as hell dont need our attorneys, real estate scammers, bogus bankers and snivel servants.... including many highschool graduate level civil servants such as police and fire, prison guards and court personnel retiring at age 51 with over 150,000 dollars a year in cash pensions plus 100% medical care.
thats where such bogusness ends up.... taxpayers out of work, with no medical insurance or care, going bankrupt, paying these grossly inflated overhead costs.
The entire mess is about to hit the wall.. imo.
Phil scott
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phil scott wrote:

"Opinion" = A belief or conclusion held with confidence but not substantiated by positive knowledge or proof.
Money is a measure of value. You say civil service, banking, and poodle washing do not create value and are not part of GDP.
You misunderstand.
GDP = Gross Domestic Product = The total value of all goods and SERVICES produced in a country in a year.
You suggest that services do not result in an increase in "value." By that definition, neither does an appendectomy or legal advice, either of which may come closer to life or death than the manufacturing of a toothbrush.
Wealth is created by the voluntary exchange of goods and services. If I give a farmer $1.00 for a dozen eggs, we both leave the transaction with more wealth. The eggs, to me, are worth more than a dollar (else why would I bother) and the dollar is worth more to the farmer (he has more eggs than dollars).
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