ideas and agreements

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In the Information Age, money is increasing exponentially. A few
individuals are getting ridiculously rich from nothing,just ideas and agreements.

If you ask many people who trade stocks or other investments for a living, they see it done all the time. Often, millions can be made instantaneously from nothing. And by nothing, I mean no money was exchanged. It is done via agreement: a hand signal in a trading pit, a blip on a trader’s screen in Lisbon from trader’s screen in Toronto and back to Lisbon, a call to my broker to buy and a moment later to sell.

Money did not change hands. Agreements did.

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