it is called legal theft
note that 'money makes money' HAS to mean that the person doesnt make the money [or else there is no meaning to 'money makes money'] - & if the person doesnt make the money, other ppl have to make the money [because all money is made by work - no work, money's value is zero - money is backed only by products of work, fruits of labour - twice as much product-making, with same amount of money, means money buys twice as much product - all the money = all the work - nth of the money = nth of the work]
when money makes money [better to say: money RAKES money, ie the extractive economy, not the productive econ] the person gets money without working, & yet the money buys goods made by work - so money makes money HAS TO mean money steals money, ie the moneyowner gets goods without working [overpay], which means others have to get working without money [underpay, wageslavery, slavery]
[in previous ages, possibly more awake & aware of evil consequences, money making money was regarded as an obscenity, a perversion, an obvious injustice, an unhappiness-maker, a destroyer of order, an enemy]
there are only three ways to get money: by work, by theft & by beggary - if the workers/makers of money get so little, it is because the thieves & beggars [the rakers, the legal thieves] get so much
it is extraordinary inexplicable that the ppl cannot see that SOMETHING is very very very wrong, when income [increase of fortune] is so wideranging [$1, to $1 BILLION /fortnight's work] & work is so narrowranging [the average person works over 50 hrs/wk [2 bn homemakers work 70-90hrs/wk], so the hardest worker CANNOT work more than TWICE as hard as the average [& probably works much less than twice as hard] ]
[&, if we pay tertiary students for studying, there are NO REASONS for higher than average pay/hr - arguments for higher pay/hr for risk, responsibility, skill, experience, talent, brains, muscle, beauty, gifts, hard work, perseverance, dedication, extraordinary abilities, love of job, etc are all full of very big holes]
there HAS to be an enormous amount of LEGAL THEFT - including 'money makes money'
but ppl seem to be unable & even UNWILLING to realise it - although realising it wd give 99% of ppl another $70,000/yr of their earnings back, make 100% of ppl 100 times happier, & destroy almost all violence [war & crime], tyranny & undemocracy
see my other answers for proofs
2006-10-22 23:47:21
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answer #2
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answered by Anonymous
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You have to have money to invest into something else that makes money. Yes, it also applies to compounding interest too.
If you don't have the money for a stock, you can't buy one. If you don't have the money for art, you can't buy art that increases in value fast.
If you don't have money to buy a business, you can't make money off the business... and so on.
2006-10-22 23:22:53
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answer #3
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answered by Anonymous
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its basically called compounding i believe, having money that will roll over to make you more money, which will do the same and in turn keep going until you die.
2006-10-22 23:19:31
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answer #4
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answered by Anonymous
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