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Originally Posted by Rob Instigator
value is ephemeral.
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im talking about practical stuff not metaphysics. life is ephemeral too. so is value. but in this life, value is value.
i want things
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Originally Posted by Rob Instigator
I firmly believe that there is only so much "wealth" in any closed system. For someone to make a million, several hundred thousand people had to lose $10-$20 each. There is no "wealth creation." I hate that insidious lie.
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there is wealth creation!
i submit to you: crystal hot sauce combine aged chihuahua peppers, bottle with vinegar and salt in a hygienic fashion, bring it to a nearby store: I AM WEALTHY FOR I HAVE DELICIOUS AGED CHIHUAHUAN PEPPER ON MY TABLE
WEALTH!!!
you rich gringos don't appreciate wealth no more
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Originally Posted by Rob Instigator
for example, people nasume you create a new product and all the money you make is new wealth, but that is false. any money apple computers made, for example, was money that texas Instruments, Coleco, Tandy, etc. did NOT make. There is truly only so much to go around.
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no entiendo
are you talking about schumpeter, creative destruction, etc?
too soon! too soon...
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Originally Posted by Rob Instigator
value is not solely determined by $$. I value you guys opinions and friendships but I would never place a price on it, and I would never expect to pay $$ for the value of your friendship.
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correct. not all value involves money. but im not gonna fuck a stranger for their hot sauce! i prefer to give them money than love.
well, not fuck.. you get the idea. was just being extreme to clarify.
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Originally Posted by Rob Instigator
It is extremely complex, and irreducible to simple statements of "truth"
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and yet, we must discuss positive factual statements
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Originally Posted by Rob Instigator
(BTW, the Marxists were wrong about pretty much everything)
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yes but their theory of value is the source of their wrongness. i will follow with this in the next post.
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Originally Posted by Rob Instigator
in American pyramid-scheme business, many corporations actively purchase products and businesses that have negative value. The tax breaks they get from losing money on one business offset the taxes they are supposed to pay from the profit of a different business. They get VALUE but no PROFIT.
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this is above my paygrade. wtf do i know of corporate tax offsets. not my sphere. accountants, lawyers, taxes... headaches.