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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%4:00 PM EST

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To: Maurice Winn who wrote (88254)3/22/2012 7:23:37 PM
From: arun gera1 Recommendation  Read Replies (1) of 217910
 
>If the wealth is obtained in fair exchanges of value between people then there is no limit to how much should be obtained. Since it is obtained by exchange of value, it is ipso facto true that the wealthy people have created the most value for other people.>

Wealthy people have not created all this value. They just control the value and assets generated by thousands of years of human progress. The power to control can pass on to the potentially wealthy in many ways - by military, smarts, chance, legal precedent,of course combined with appropriate talent and hard work - but its leverage is mostly by centralization. The acceptance of electronic money/promises is the most centralizing force in the modern world. Others being government, security exchanges, media, hosted software, and concentrated mineral deposits. Go through Forbes 1000 richest and see which industries most come from.

-Arun
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