Comment on $1.8 trillion was wiped out from the US stock market yesterday, where did it go?

IAmNorRealTakeYourMeds@lemmy.world ⁨1⁩ ⁨day⁩ ago

• Semi_Hemi_Demigod@lemmy.world ⁨1⁩ ⁨day⁩ ago

  All money is imaginary

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  • IAmNorRealTakeYourMeds@lemmy.world ⁨1⁩ ⁨day⁩ ago

    but some imaginary money is more imaginary than others

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    • Natanael@infosec.pub ⁨22⁩ ⁨hours⁩ ago

      A Zimbabwean dollar for your thoughts

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  • subverted_per@lemmy.blahaj.zone ⁨1⁩ ⁨day⁩ ago

    Some people were getting bank loans based on that imaginary money.

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  • Jtee@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Not all money, but it’s value is.

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