I used to think buying a stock was buying some tiny, fixed sliver of company. They can literally just issue more stocks and melt that little sliver down, not that dissimilar from banks de facto printing money by issuing loans with no reserve!
I used to think buying a stock was buying some tiny, fixed sliver of company. They can literally just issue more stocks and melt that little sliver down, not that dissimilar from banks de facto printing money by issuing loans with no reserve!
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