Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TopCat who wrote (359168)	11/17/2007 9:39:19 PM
From: combjelly	Read Replies (2) of 1577030

"To you, apparently, "investing" only means "playing" the stock market." No, it doesn't. "That's not what investment is.....investment is creation." Sort of. In economics, it is often viewed as deferred consumption. "Without investment, there would be nothing to spend money on." Now this is just getting silly. Yes, there needs to be investments in infrastructure, raw materials, etc. to produce goods and to provide services. And without investments from either profits or borrowing, then things grind to a halt. But without consumption, you don't have an economy. You know, I have had other pointless discussions with people who deify investment. Are you by any chance a follower of the Austrian School of economics? Because you sure talk like one. "but you are probably taking the wrong classes." I am in computer engineering. If you had actually attended a university, you'd know that graduate students don't take courses in economics unless they happen to be an economics or possibly a business student. Or have an interest in it...

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