How can goldman sachs make so much money? do they produce any real things?
that proves that markets are stealing money from somewhere !
by 
sharpjwe
ANSWERS: 3
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It is a fallacy that the only way to add value is by making things. Moving things from where they are to where they are needed adds value. Supplying information adds value. Organising people adds value. Without commenting on Goldman Sachs directly, the financial system adds a lot of value by moving money from where it is to where it is needed. Who is forced to use the services of GS against their will? In what dealings have they been found to be lying or fraudulent? How have they stopped someone setting up in competition with them? If you cannot provide positive answers to these questions, there is no reason to believe GS is stealing anything.
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They provide needed services and also risk their own capital. They do not steal.
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They gamble with other peoples money and the company never loses. If they lose the Government bails them out.
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