Comment on ECO 101 years ago, our teacher said while the markets were volatile that you cannot increase something i.e interest rates without feeling a neg somewhere else.? Is this true in today's market?

T3CHT@sh.itjust.works ⁨3⁩ ⁨days⁩ ago

That is basically the zero sum economy theory and it is exactly wrong.

Because we add value to the world when we build and grow, it’s wrong to think one gain is always another’s loss.

Many moves are net positive, even if one group loses. Some moves are neutral. And many moves are net negative, we can both destroy and build. This is the key to realistic assessment of what moves to make and support.

Zero sum economy BS leads to terrible selfish behavior or nihilism. Fight it. We can build it better.

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