Happy 100th birthday Federal Reserve

[Mr Khan]

hysterianut said:

Kasz216 said:
Ok... and your second post you seem to be referring to computers as slaves.

Either way... on your argument of manpower being hours....

there are more people now then there have ever been....

That still leads to a "More wealth" situation.

probably your definition of wealth

 

wealth normally means purcahsing power

 

its like saying if there was a pizza with four slices and there were four people to eat it so everybody got one.

now if there was 2 pizza's with 4 slices each and there were 4 people to eat it.everyone now got more.but if there were 8 people so everyone got the same as the first case.

and if you have even more people sharing the same resources,its less for everybody.

 

 

resources and wealth stays the same.they are just transfered to whoever is controlling it.

Resources are a limiting factor to a certain extent, but as we learn how to make more things or make things in different ways, the amount of usable resources goes up. The fracking process is a case in point: it was gas that sat under the earth in such a way as to be useless, but geologists and engineers thought about it, and now it's a resource.