Comment Re:Wealth? (Score 1) 285
Something about that sentence doesn't seem quite right. If the government printed money and gave it to citizens that waited in line for it, that would not be creating wealth, would it? It would be more like redistributing wealth.
Not quite. If the government prints money, it is not creating anything of value. Skinning that rabbit and creating an in-game item adds something of (admittedly subjective) value to the community.
If the government were handing out money to everyone who waited in line with a manufactured good, then they'd be creating whatever amount of wealth those goods were worth.
Not quite. If the government prints money, it is not creating anything of value. Skinning that rabbit and creating an in-game item adds something of (admittedly subjective) value to the community.
If the government were handing out money to everyone who waited in line with a manufactured good, then they'd be creating whatever amount of wealth those goods were worth.