Daily Archives: April 12, 2015

Answer by Jon Davis: A gun cannot solve the problems of a hammer, nor can a hammer heal a child’s hunger. Technology goes through phases. A new technology will make itself available which will change the world. From it, thousands … Continue reading →

Answer by Andrew Smith: If you are a professional Gambler or a thief then yes Is someone else getting poorer when I make money?

Answer by Marc Hodak: Take a look at this: In 1950, the entire world had a total wealth of about $15 trillion (in 2009 dollars, as are all the other numbers mentioned here). As you can see from the chart … Continue reading →

Answer by Stas Veklenko: It’s capitalism. Capitalism is a natural extension of a human: the more money you make, the more you want. Why do you think not every country in the world is as good for living as, say, … Continue reading →

Answer by Bob Win: Most of the answers here are based on an optimistic view of the capitalist economy where things work out beautifully.  But as we all knew, in life or in the world, nothing is perfect or always … Continue reading →

Answer by Shihab Khan: Technically yes. As per our current economic world order (I’m talking about the Fractional Reserve Banking System), all money is created as a debt. So whatever money you have in your pocket, it’s because someone somewhere … Continue reading →

Answer by Rahul Kapur: Yes, without a doubt. In our society, the exchange of cash from Party A to Party B for Object C comes about from a perceived exchange of value from Party B to Party A defined in … Continue reading →