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RE: Relax, Everything Is a Ponzi Scheme

in #money8 years ago

Every major company (or any company for that matter)or financial institution saves part of their profits for investment. If they don't , they are not in business for very long.

You either invest or save. This is what everybody does after paying for expenses.

In Venezuela, the government is hyperinflating the currency, thereby destroying everyone's savings. You can see the result.

Nobody has any savings in Venezuela. They are worth practically nothing. hence why they are saving commodities that are worth more. It is speculated than burning money is cheaper than buying firewood.

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And you can see what happens when saving money is useless. It is chaos.

it's always chaos my friend. what is chaos for the fly is order for the spider. depends from which seat you are looking at things.

What , are you an ancient Greek philosopher? All is not chaos.

I will have to disagree with that woo woo also. There is such a thing as order, it is very real. Order is allowing us to converse perhaps from opposite sides of our world. What looks like an orderly conversation from my perspective, looks like an orderly conversation from your perspective. And it is all possible because of our rather astonishing ability to harness reality and order it according to our will.

"seeming order". i do explain that as well.

What looks like an orderly conversation from my perspective, looks like an orderly conversation from your perspective

indeed. momentarily. in a very closed system. now apply that to economies of scale and things get pretty chaotic pretty quick.

It is not "seeming" order. It is order. And it lasts. Try to comprehend all the systems and industries and economies and social order that must constantly prevail for us to continue this conversation. The internet, the computer industry, power generation industry, plus all the support industries needed to keep those things up and humming along. Its an extremely magnificent coordination of human effort on a scale that is incomprehensible. And it happens day after day after day. And this is just one small example. Now interweave a few other industries such as food production and home building. The interplay of so many different individual decisions by so many different industries and desires is breath taking.