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To: straight life who wrote (16102)10/7/1998 11:51:00 AM
From: Sawtooth  Read Replies (1) | Respond to of 152472
 
***OT*** Taichi: <<Money DOES disappear when stock prices decline.....AND when they go belly-up the money has disappeared FOREVER>>

Money just shifts around (unless you destroy it) doesn't it? I sell you my stock for $50; I have $50, you have stock. Price declines to $40; you sell it. You have $40, other has stock. You have a loss of $10 but there is not less $$$ in circulation.

Company goes bankrupt; they have no money, others have it now. Not less in circulation. Just moving around. ...Tim