Making money for money's sake

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Driller

Original Poster:

8,310 posts

279 months

Thursday 12th August 2010
quotequote all
http://www.bbc.co.uk/news/business-10928909

This will no doubt get shot down but it just seems all so meaningless and hollow.


Driller

Original Poster:

8,310 posts

279 months

Thursday 12th August 2010
quotequote all
HundredthIdiot said:
What's meaningless? The article? The activity? The simulation of the activity?
Common on, it's not exactly cryptic. The activity/simulation. BTW, goods books aren't they? smile

ShadownINja said:
Driller said:
it just seems all so meaningless and hollow.
Trading? On the face of it, yes... but let's not forget, anyone in medicine isn't doing it voluntarily or on national minimum wage if they could be earning £100k a year.

Edited by ShadownINja on Thursday 12th August 13:01
I agree absolutely, everyone has to earn a fair living if they work hard. I just think that money should represent useful goods or useful services rather than be the end in itself.

Edited by Driller on Thursday 12th August 13:08

Driller

Original Poster:

8,310 posts

279 months

Thursday 12th August 2010
quotequote all
ShadownINja said:
Driller said:
I agree absolutely, everyone has to earn a fair living if they work hard. I just think that money should represent useful goods or useful services rather than be the end in itself.
I am not sure most jobs satisfy that criteria. That's the problem. What is "useful"? In the end, what does a trader provide as a service? What do banks do with our savings? I'm sure some of the professionals will be along shortly to give insight. And what if a trader earns lots and gives money to sales assistants for goods which then pay for the sales assistants' salaries plus cleaners plus salaries of people in third world countries from where the goods came?

Edited by ShadownINja on Thursday 12th August 13:13
I think most "jobs" or activities are useful. However when for example a trader is buying or selling he does not sit back satisfied knowing that when he gives the money earned to a sales assistant he will pay their salaries.

Someone selling something to a customer who has sought out that product and giving the client helpful advice and or installing said thing would be an example of "useful" in my view.

Driller

Original Poster:

8,310 posts

279 months

Thursday 12th August 2010
quotequote all
Jasandjules said:
Driller said:
http://www.bbc.co.uk/news/business-10928909

This will no doubt get shot down but it just seems all so meaningless and hollow.
Making billions of pounds is what investment banks are all about. Not exactly meaningless? I mean, the pursuit of money is why companies exist, whether they are selling a product or trading in the financial markets.
So you're saying that making money for money's sake is not meaningless?