Comment on $1.8 trillion was wiped out from the US stock market yesterday, where did it go?
gandalf_der_13te@feddit.org 2 days agobecause it was never real. Market cap is not the same as cash
btw cash is no more real than company shares. both are paper and numbers in a database.
Squizzy@lemmy.world 1 day ago
Are we going down the gold standard discussion path here?
EvilHankVenture@lemmy.world 1 day ago
Gold standard is just moving the arbitrary holder of value down the line.
bitjunkie@lemmy.world 1 day ago
Shiny rock also has no intrinsic value