Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library

Comment by happa

1 day ago

Money is not lost, it merely changes hands.

2 comments

happa

Reply

peterdsharpe  20 hours ago

This would have been true until ~50-200 years ago, and the advent of modern capital markets. Now, credit is center stage and cash is the sideshow.

flyinglizard  21 hours ago

It does get lost. Market cap can appear and vanish out of thin air. It's not a zero sum game, not remotely.

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities