6 ms·
Where did that money go to ?
by seydor 7mo ago
Where did that money go to ?
- IAmBroom 7mo agoDepending on your POV, some air was let out of the hype machine (inflated prices fell closer to reality), or the market withdrew its trust in actual value (devaluing it in real, instant dollars).
- anon84873628 7mo agoIt was never really there to begin with. The stock price is like the price on a restaurant menu. If you're the restaurant owner you don't make money just because you increase the prices on the menu. If you're a diner you don't spend money just by looking at menus in the window.
- eep_social 7mo agoUS dollars or equivalents mostly, money market funds, treasuries, sgov, etc
- fittingopposite 7mo agoGold and CHF