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

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CombatWombat@feddit.online ⁨1⁩ ⁨week⁩ ago

You’re not wrong, except the part where the money becomes more real once you sell the stock. All assets are like this – if you lasso an asteroid that contains $45 umptillion of gold, you won’t be able to sell it for $45 umptillion because you’ll crash the gold market.

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