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Old 05-19-2018, 06:00 PM
 
18,802 posts, read 8,471,648 times
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Quote:
Originally Posted by blisterpeanuts View Post
The 1% created 80% of all wealth in 2017.

Fixed that for you.

And what do you mean, "grabbed"? There is no "grabbing". If you say "grab" you immediately label yourself as some kind of socialist or redistributionist.
Some of the rich 'grab' as in rent extraction as a means to gain wealth.

https://www.google.com/search?source....0.aG0ejFOqBds
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Old 05-19-2018, 07:04 PM
 
Location: Ohio
24,621 posts, read 19,165,825 times
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Quote:
Originally Posted by Hoonose View Post
Some of the rich 'grab' as in rent extraction as a means to gain wealth.

So does the Middle Class.


The only thing that bars people from acquiring rental property and receiving income is their own desires.
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Old 05-19-2018, 07:45 PM
 
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Quote:
Originally Posted by Mircea View Post
So does the Middle Class.


The only thing that bars people from acquiring rental property and receiving income is their own desires.
Not rental income, rent extraction. At the middle class level if it happens it might be a relative pittance.

https://www.google.com/search?source....0.aG0ejFOqBds
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Old 05-19-2018, 09:08 PM
 
10,745 posts, read 5,672,124 times
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Quote:
Originally Posted by LifeIsGood01 View Post
the business activity as you call it is the end beneficiary because the poor and the working class spend most if not all of there income to support the economy while they hoard their money and keep it out of the economy.

Are a few hundred billionaires helping you put money in your pocket or just adding more zeros to their net worth?

We are lucky China and other nations with low wage workers are making all out stuff, otherwise we would be in huge trouble when a pair of cheap jeans cost $100 instead of $15.
Did this actually make sense to you when you wrote it?
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Old 05-19-2018, 09:09 PM
 
10,745 posts, read 5,672,124 times
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Quote:
Originally Posted by Hoonose View Post
Aside from possibly new public offerings, or new stock offerings explicitly intended to fund expansion, stock market investments are mainly passive. Generally not actively creating new business and/or employment. Of course the invested middle class can also benefit from much the same stock asset inflation.
From the perspective of the investor, all stock market investments are passive. What’s your point?
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Old 05-19-2018, 09:13 PM
 
10,745 posts, read 5,672,124 times
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Quote:
Originally Posted by pittsflyer View Post
What is fantasy wealth? Is that the wealth the govt or corporations take when they steal your IP or classify your ideas without negotiated payment.
Quote:
Originally Posted by pittsflyer View Post
No because there are MANY rules in place that tell you how your allowed to create wealth, under what circumstances etc.

For instance if I created a way to proliferate nuclear weapons by making plutonium easy to make the demand would be through the roof, I would be an instant billionaire but the govt would shut it down because I would be in competition.
Fantasy wealth. ^^
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Old 05-19-2018, 10:22 PM
 
18,802 posts, read 8,471,648 times
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Quote:
Originally Posted by TaxPhd View Post
From the perspective of the investor, all stock market investments are passive. What’s your point?
Most money in the stock market does not create new business.

If I invest in a new venture, that is more active.
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Old 05-20-2018, 02:46 AM
 
7,654 posts, read 5,115,503 times
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Quote:
Originally Posted by TaxPhd View Post
Fantasy wealth. ^^
Thats pretty debbie downer
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Old 05-20-2018, 03:27 AM
 
106,671 posts, read 108,833,673 times
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Quote:
Originally Posted by Hoonose View Post
Most money in the stock market does not create new business.

If I invest in a new venture, that is more active.
if you buy a business you still own a business . a stock is a business with many owners and many buyers looking for a share of that business . i see no difference
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Old 05-20-2018, 06:02 AM
 
12,016 posts, read 12,760,107 times
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Quote:
Originally Posted by mathjak107 View Post
if you buy a business you still own a business . a stock is a business with many owners and many buyers looking for a share of that business . i see no difference
That's silly, because you own stock in Amazon does not mean you own the business. You own shares in it. You don't even own 1% of the business.
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