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Please consider the context of the comment I was replying to. In your example, who "gets" the 10K I lose? No one. A car changing in value is not wealth trans
by slackerIII 18y ago
Please consider the context of the comment I was replying to. In your example, who "gets" the 10K I lose? No one. A car changing in value is not wealth transfer. A stock going down in value is not wealth transfer.
At least, that's how I understand it. I was curious if the original commenter meant something different.
- toby 18y agoYes, you're absolutely right. I didn't realize your question was semi-rhetorical.