• maynarkh@feddit.nl
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    8 months ago

    The stock market doesn’t create money from nothing

    The derivatives market is valued around 1,000,000,000,000,000 USD, around ten times the world’s GDP. Where’d that come from then?

    • Tarquinn2049@lemmy.world
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      8 months ago

      Where indeed would that money come from. It hasn’t come from anywhere yet.

      If someone were to try to pull that money out, it would certainly have to come from somewhere. And my bet is it’ll be the same as the rest of the stock market, it’ll come a little bit from each other person that didn’t pull out yet.

      If anything it just sounds like that is a bubble that pretty much has to burst at some point and really fuck over the vast majority of people participating if it literally can’t possibly be realized. I would stay away from anything that has bloated to a theoretical value that is beyond possible.