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RE: Creating Money Out Of Thin Air Is Magical

in LeoFinance3 years ago

Yea its so weird since money comes out of thin air likes its nothing. But wasn't it already somewhat doing that in the stock market? Those companies were constantly issuing new shares over time. The only difference is now more people can print money out of thin air.

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The difference is that stocks are not used for economic activity other than, perhaps, be collateralized. Outside of that, stocks are now utilized to facilitate any economic activity.

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