Selling the Philosopher's Stone - page 11
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Well, what exactly do they do in monasteries? Praying for their own health and wealth? What's the point otherwise?
Here's a couple of Perov's paintings on the subject.) One can see that the dude strongly loves and respects church ))))
Perov V.G.Tea party in Mytishchi, near Moscow.1862
Perov VG.Monastery meal. 1865-1876.
Perov V.G.Dividing the inheritance in a monastery (Death of a monk). Pencil drawing.1868.
The trader's ability to make a profit on currency fluctuations is not good for society either
You are wrong to think so.
All the big DCs - they give jobs to thousands of people. And they are obviously happy that there are traders who play on currency fluctuations.
In addition, if one currency is appreciated against the other it means that the first currency is in more demand, and traders invest in this currency, thus accelerating the development of the economy.
So for whom does it matter? And why ? Does it have to make sense?
What are we talking about? The philosophical category of usefulness? Or about how to measure intelligence?
I measure it by its usefulness to society. Accordingly, society is important. Because usefulness to society allows the needs of its representatives to be fulfilled to the fullest.
You are wrong to think so.
All the big DCs - they give jobs to thousands of people. And they're obviously happy to have traders who play on currency fluctuations.
In addition, if one currency appreciates against the other, it means that the first currency is more in demand, and traders invest in that currency, thus accelerating the economy.
but for the most part, the speculators are just plucking crumbs
or else they can be compared to rats stealing grain from the world's mill
In theory, rats also participate in the global ecosystem and may even do some good.
-------------------
PS the rat thing is just an analogy
and by the way rats are very biologically efficient
A monkey's ability to do numbers from 0 to 9 doesn't make it highly intelligent... it doesn't make it useful to society... and certainly the absence of these qualities does not make it impossible for it to make those numbers.
If there is no benefit to society, there is no intelligence, one might think. This intelligence turns out to be like "energetic" molecules inside the body. There is no use for them. It's the same whether you have them or not. That's how it is with this intelligence. There is no point in discussing whether there is intelligence or not, if society does not benefit from it.
The possessor of this intellect himself is also a part of society and if he is useful to society, the sum of his usefulness to society is clearly greater. But, nevertheless, if we discard these extreme cases, the average benefit to society is well reflected in the person's income.
You are wrong to think so.
All the big DCs - they give jobs to thousands of people. And they are obviously happy to have traders who play on currency fluctuations.
In addition, if one currency appreciates against the other it means that the first currency is more demanded by the economy and traders invest in this currency, thus accelerating the development of the economy.
but for the most part, the speculators just pluck the crumbs
or else they could be compared to rats stealing grain from the world's mills.
theoretically, rats are also part of the global ecosystem and may even do some good.
So rats do contribute to the recycling of resources in the biosphere!
Moreover - if all the rats suddenly disappeared (say, from an epizootic), this would, I think, lead to significant changes in the ecosystem.
Well, so the rats contribute to the resource cycle in the biosphere !
Moreover - if all the rats suddenly disappeared (say, from an epizootic), it would, I think, cause significant changes in the ecosystem.
Probably yes, speculators have already become an integral part of society and the financial system, in fact they have been there all known history, and if now suddenly eliminating them would probably break something on a global scale...
I think it's naive that traders change rates, the main purpose of forex, as well as the securities market in general, the output of effective demand from the consumer market in order to reduce inflation, that's where the excitement starts, many people do not withdraw money, but just count the virtual profit, and then plum and a new cycle of dreaming :)) how many of them are successful traders? And they reinvest their profit.
So what? There is no difference...
The very role of brokerage companies is to redeem small rates of single traders internally and put on the market only consolidated offers. If the brokerage company redeems all deals within the brokerage company at the moment, this means that currencies do not need investment. Consequently, the money does not go anywhere.
but for the most part, the speculators just pluck the crumbs
or else they can be compared to rats stealing grain from the world's mills.
in theory, rats are also part of the global ecosystem and may even do some good.
-------------------
PS the rat thing is just an analogy
and by the way rats are very biologically efficient