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> Why is purchasing of shares, bonds or other paper claims not considered an investment in economic terms?
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Why is purchasing of shares, bonds or other paper claims not considered an investment in economic terms?
Why is purchasing of shares, bonds or other paper claims not considered an investment in economic terms?
Posted at:
2014-12-05
Paper does not create wealth.
It merely transfers it.
Buying (or building) a machine that turns scrap metal into cans, that's an investment.
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