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I shouldn't say absolutely no utility. I mean to say after an IPO every transaction or trade of a stock share generates ZERO utility. Here's a picture of a cou
by crimsonalucard 8y ago
I shouldn't say absolutely no utility. I mean to say after an IPO every transaction or trade of a stock share generates ZERO utility.
Here's a picture of a country that has no stock market that prospers:
https://upload.wikimedia.org/wikipedia/commons/thumb/4/48/Vista_de_M%C3%B3naco%2C_2016-06-23%2C_DD_13.jpg/1920px-Vista_de_M%C3%B3naco%2C_2016-06-23%2C_DD_13.jpg?1534579849677 https://upload.wikimedia.org/wikipedia/commons/thumb/4/48/Vi...
- skookumchuck 8y agoDo you believe the companies operating in Monaco are not traded on a stock exchange?
- crimsonalucard 8y agoThe country itself has no stock exchange.