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All you've done there is say "I have a different definition of wealth".

From the perspective of most people discussing this wealth and money are interchangeable and it's not helpful to start substituting in new definitions (even if those definitions are justified).



Try this one:

http://www.paulgraham.com/wealth.html

Drop down to "Money is not wealth". Paul did a much better job of explaining it (and why the distinction is important).


As I say, I'm not saying that the definition is wrong, I'm saying that it's not the common usage and it's not what people repeating the quote mean, therefore if you disagree with the quote on that basis you're not disagree with what was actually said.

When you say "it destroys [...] money" that's what they mean, you're just picking on their choice of words.

As it goes I agree with you about it creating wealth (see my post elsewhere in this thread), I just don't think the right way to express it.




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