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Book? They made a book out of the movie?
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When an investor sells a stock for less than the market value used to be the amount of cash in the economy doesn't increase. It just goes from one account to the other.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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They made a movie out of the book? (Somewhere here I'm supposed to dip my peanut butter into your chocolate.)Long time member @ Apolyton
Civilization player since the dawn of timeComment
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Right! But it doesn't decrease either does it? I mean the guy that is still in the market lost a bit and the guy that got out made a bit, right?Originally posted by Kidicious
When an investor sells a stock for less than the market value used to be the amount of cash in the economy doesn't increase. It just goes from one account to the other.Long time member @ Apolyton
Civilization player since the dawn of timeComment
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It did to Reeses.
Long time member @ Apolyton
Civilization player since the dawn of timeComment
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Family site dude.
Long time member @ Apolyton
Civilization player since the dawn of timeComment
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This covers it all.
Long time member @ Apolyton
Civilization player since the dawn of timeComment
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The story is essentially this: the way we organized our society was ****ing stupid. However, having it organized that way benefited a small group of people who were able, due to their position in society, to convince enough of the rest of us that it was somehow natural and/or could last for ever, and to drown out the sane people who pointed out it was full of ****.
Now that it has all fallen apart, the same people are attempting to retain their position in society by getting everyone else to bail them out while they think of some new way of organizing society that will let them stay on top.Only feebs vote.Comment
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I understand theirs also speculation that banks want to keep all their cash on hand so that if the opportunity to buy up a rival for a song (say for a Bill or two) pops up they can be in a position to take advantage. The collapses seem to be triggered by a roving band of naked short sellers that gang attack banks with fraudulent short and drop their prices to the point the bank becomes insolvent.This indicates that banks are too scared to lend money to one another, even for a dayCompanions the creator seeks, not corpses, not herds and believers. Fellow creators, the creator seeks - those who write new values on new tablets. Companions the creator seeks, and fellow harvesters; for everything about him is ripe for the harvest. - Thus spoke Zarathustra, Fredrick NietzscheComment
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Impaler,
That's what I've been thinking. Where did you get that from, or were you just thinking it also?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Stock value is just air anyway, fantasy money.
Stock prices tend to overshoot in both directions, overvalued in good times and undervalued in situations like this. And stock traders are stupid, you should buy when it's cheap and sell when it's expensive, not the other way around.So get your Naomi Klein books and move it or I'll seriously bash your faces in! - Supercitizen to stupid students
Be kind to the nerdiest guy in school. He will be your boss when you've grown up!Comment
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So's regular money. What's your point?Originally posted by Chemical Ollie
Stock value is just air anyway, fantasy money.Only feebs vote.Comment
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Why does people keep selling? I don't understand! Why don't they just keep their financial asset?blehComment
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