this post was submitted on 07 Apr 2025
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If I bring in more resources and lower the price, then suddenly people can have more stuff with the same amount of money. How is that not creating wealth? Do you think there exists the same amount of wealth in the world now as there was when currency was invented? That seems obviously untrue, since even if you had literally all the money in the world back then, you wouldn't have been able to buy as much with it as you could if you had all the money in the world now.
For that matter, if it were literally impossible to create wealth, people should have had a lot more in the past, due to that wealth being distributed among fewer people. If you go further, you would have to question how wealth exists at all: the concept didn't exist before people, so if people cannot create wealth, where did it all come from?
Exactly, you're not creating wealth, you're lowering the price of a resource
You literally just said it yourself
Wealth is not money, as the concept of inflation demonstrates. It is the stuff money represents. If you create more of that, you're creating more wealth.