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it's the same with stock price. say there's a giant correction. the value disappears. it wasn't stolen from anyone. the same way the global economy has grown ov
by rubyrescue 14y ago
it's the same with stock price. say there's a giant correction. the value disappears. it wasn't stolen from anyone. the same way the global economy has grown over thousands of years, and people are much wealthier - that isn't because they stole from anyone but the total value of the entire economy grew and "everyone" became wealthier.
- lucb1e 14y agoHmm I think I understand. It's hard to wrap my head around though: I gained socks (and didn't loose money), the sock maker gained money but lost time and resources, but nobody's money was stolen.
- deleted 14y ago[deleted]