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

gandalf_der_13te@feddit.org ⁨1⁩ ⁨week⁩ ago

nowhere, the total amount of money in the world is zero. one man’s dollar is another man’s debt. if somebody loses money, somebody else loses debt, so the net sum is still zero.

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