RE: "How-To-Be-A-Millionaire" Books Are Bullshit by kyriacos

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· @kyriacos ·
There is no reason for clever math. I explain with simple examples how an event in the midst of chaotic other parameters can be rendered fortunate or unfortunate.
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@nutela ·
Sure, do your thing. But for *myself* I need proof for how say the monetary system works. It's not even clever math but *basic* math! 

Like if I am a bank and have $1.50 and you have $0.50 and wer are the only ones in the country. Say I lend you $0.50 with 10% interest, now we *both* have $1. 

But *where* will the interest come from? The *whole* economy is just $2. :)
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@kyriacos ·
read this :)

https://yandoo.wordpress.com/2013/06/18/the-zero-sum-fallacy/
👍  
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vote details (1)
@nutela ·
Thanks I will now
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@nutela ·
It's not a fallacy per sé, the world is *finite* therefore if one takes over the world there is nothing left for the rest of us.
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