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

phil scott wrote:
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.


"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).