• Dark_Blade@lemmy.world
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    1 year ago

    You see, the problem with your argument is that stock isn’t money, it’s an asset. While you can call the asset itself bogus, the money backing it is ‘real’; that’s why entire life savings can be wiped out if the market suddenly goes ‘kaput’.

      • Dark_Blade@lemmy.world
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        1 year ago

        Stocks aren’t money to begin with, they’re an asset class. The money invested in stocks is as real as any other dollar though.