He's right, there is finite money but money and wealth are not the same. Wealth exists both in cash form, and in the form of assets that have value (i.e. things that aren't money but can be sold for money - houses, cars, businesses, patents, copyrights, stocks, diamond rings, anything with resale value). The vast majority of the wealth in the world is stuff, not cash. There's $360 trillion worth of wealth in the world, and only about $39 trillion in actual money.

More importantly, Wealth, unlike money, has no limit. You can actually conjure up wealth from nothing through your own labour i.e. build something with your own two hands that you can sell. That is not finite or under the control of rich people because nobody owns you or the fruits of your labour. You can create your own wealth out of nothing if you're willing to put in the work. Unless you live under socialism, in which case the state owns anything you create the moment you create it.

That's why the amount of wealth in the world constantly increases. There are people constantly building things they can sell for money. And in building those things, they're adding wealth to the world and getting rich by doing so.

ANYONE can create their own wealth by creating things that have value. The amount of dollars and cents out there, and who currently owns it is irrelevant. People think the rich people are sitting on all that cash. They're not. The cash is in circulation, and those rich people's wealth is in the form of things - properties, shares of companies etc etc. Elon musk for example does not have $200 billion in his bank accounts. That's not how it works. He just owns $200 billion worth of stuff (stuff like spaceX and Tesla, which BTW generate wealth that ends up on other people's hands too - i.e. his customers and employees).

He's right, there is finite money but money and wealth are not the same. Wealth exists both in cash form, and in the form of assets that have value (i.e. things that aren't money but can be sold for money - houses, cars, businesses, patents, copyrights, stocks, diamond rings, anything with resale value). The vast majority of the wealth in the world is stuff, not cash. There's $360 trillion worth of wealth in the world, and only about $39 trillion in actual money.

More importantly, Wealth, unlike money, has no limit. You can actually conjure up wealth from nothing through your own labour i.e. build something with your own two hands that you can sell. That is not finite or under the control of rich people because nobody owns you or the fruits of your labour. You can create your own wealth out of nothing if you're willing to put in the work. Unless you live under socialism, in which case the state owns anything you create the moment you create it.

That's why the amount of wealth in the world constantly increases. There are people constantly building things they can sell for money. And in building those things, they're adding wealth to the world and getting rich by doing so.

ANYONE can create their own wealth by creating things that have value. The amount of dollars and cents out there, and who currently owns it is irrelevant. People think the rich people are sitting on all that cash. They're not. The cash is in circulation, and those rich people's wealth is in the form of things - properties, shares of companies etc etc. Elon musk for example does not have $200 billion in his bank accounts. That's not how it works. He just owns $200 billion worth of stuff (stuff like spaceX and Tesla, which BTW generate wealth that ends up on other people's hands too - i.e. his customers and employees).

He's right, there is finite money but money and wealth are not the same. Wealth exists both in cash form, and in the form of assets that have value (i.e. things that aren't money but can be sold for money - houses, cars, businesses, patents, copyrights, stocks, diamond rings, anything with resale value). The vast majority of the wealth in the world is stuff, not cash. There's $360 trillion worth of wealth in the world, and only about $39 trillion in actual money.

More importantly, Wealth, unlike money, has no limit. You can actually conjure up wealth from nothing through your own labour i.e. build something with your own two hands that you can sell. That is not finite or under the control of rich people because nobody owns you or the fruits of your labour. You can create your own wealth out of nothing if you're willing to put in the work.

That's why the amount of wealth in the world constantly increases. There are people constantly building things they can sell for money. And in building those things, they're adding wealth to the world and getting rich by doing so.

ANYONE can create their own wealth by creating things that have value. The amount of dollars and cents out there, and who currently owns it is irrelevant. People think the rich people are sitting on all that cash. They're not. The cash is in circulation, and those rich people's wealth is in the form of things - properties, shares of companies etc etc. Elon musk for example does not have $200 billion in his bank accounts. That's not how it works. He just owns $200 billion worth of stuff (stuff like spaceX and Tesla, which BTW generate wealth that ends up on other people's hands too - i.e. his customers and employees).

He's right, there is finite money but money and wealth are not the same. Wealth exists both in cash form, and in the form of assets that have value (i.e. things that aren't money but can be sold for money - houses, cars, businesses, patents, copyrights, stocks, diamond rings, anything with resale value). The vast majority of the wealth in the world is stuff, not cash. There's $360 trillion worth of wealth in the world, and only about $39 trillion in actual money.

More importantly, Wealth, unlike money, has no limit. You can actually conjure up wealth from nothing through your own labour i.e. build something with your own two hands that you can sell. That is not finite or under the control of rich people because nobody owns you or the fruits of your labour. You can create your own wealth out of nothing if you're willing to put in the work.

That's why the amount of wealth in the world constantly increases. There are people constantly building things they can sell for money. And in building those things, they're adding wealth to the world and getting rich by doing so.

ANYONE can create their own wealth by creating things that have value. The amount of dollars and cents out there, and who currently owns it is irrelevant. People think the rich people are sitting on all that cash. They're not. The cash is in circulation, and those rich people's wealth is in the form of things - properties, shares of companies etc etc. Elon musk for example does not have $200 billion in his bank accounts. That's not how it works. He just owns $200 billion worth of stuff (stuff like spaceX and Tesla, which BTW generate wealth that ends up on other people's hands too - i.e. his customers and employees).