It always weirds me out to think that most of "wealth" nowadays is "virtual". You have stock valuation, you have property valuation. Which we tell is gone or l

It always weirds me out to think that most of "wealth" nowadays is "virtual". You have stock valuation, you have property valuation. Which we tell is gone or lost when prices drop, but where did it really come from in first place? Exactly same thing just got value higher... There is some base line there, but property is good example. Value drops for reasons outside damage or wear, was the wealth there in first place then? There is always some bottom like replacement value if there is still desire. But overall it is rather weird situation foten.