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<p>[QUOTE=&quot;InfleXion, post: 1572773, member: 29012&quot;]I don&#039;t need to look it up because I know what it is. It&#039;s when a business model depends upon more people putting money into it than taking out of it, as opposed to actually generating something of value. That is precisely what insurance companies do. Why do you think so many went out of business after Katrina?&nbsp; &nbsp; &nbsp; </p><p><br /></p><p>&nbsp;Wealth, by definition, is a store of money. Gold, among other things, by definition, is money. Stocks are not money. Goods and services are not money. That is, unless you look at the &quot;economic&quot; definition of wealth, then it also includes anything capable of being exchanged. This would include stocks, bonds, back rubs, cartons of milk, and online gaming items among other things.&nbsp; </p><p><br /></p><p>Where it gets tricky is, are dollars wealth? They are money, and they are a store of value, but they are not a reliable store of longterm value. Is that really wealth? Not how I see it. When I think wealth I think old world. What will still be valuable when we are thought of as the old world? That&#039;s the real question I suppose. </p><p><br /></p><p>I still believe that real wealth is only what I originally stated (thank you David Morgan) which is land/Earth; soil, crops, timber, homes, metals, gems. But only one of them fulfills the 4 rules for a unit of account; fungibility, divisibility, durabilty, portability, which is the one that is also money. Now do you see the circle <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> These can&#039;t be created in cyberspace. Those things are just a means to gather (transfer) wealth.[/QUOTE]</p><p><br /></p>

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