Current Events > Where is the money thats "lost" during economic crashes?

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CARRRNE_ASADA 10/25/22 8:58:03 PM #1:	It doesnt evaporate like a car or a houses value can, right?. Doesnt it mean when stocks crash is because over selling? So someone is cashing out at the top and in the way down? So the economy crashes and there are people sitting on piles of money while only paying 15% taxes due to long term holding.... I mean at least that my rudimentary understanding --- SEXY SEXY! <cite>CARRRNE_ASADA posted [p:968973129] in Where is t... [t:80210254]...</cite> <quote>It doesnt evaporate like a car or a houses value can, right?. Doesnt it mean when stocks crash is because over selling? So someone is cashing out at the top and in the way down? So the economy crashes and there are people sitting on piles of money while only paying 15% taxes due to long term holding....I mean at least that my rudimentary understanding</quote> ... Copied to Clipboard!
DrizztLink 10/25/22 8:58:36 PM #2:	The Caymans. --- http://guidesmedia.ign.com/guides/9846/images/slowpoke.gif https://i.imgur.com/M8h2ATe.png https://i.imgur.com/6ezFwG1.png <cite>DrizztLink posted [p:968973142] in Where is t... [t:80210254]...</cite> <quote>The Caymans.</quote> ... Copied to Clipboard!
NeonOctopuses 10/25/22 8:59:09 PM #3:	They bet it all on black and lost --- https://imgur.com/aMaI3hj https://imgur.com/7PsdJNc https://imgur.com/eK8vZVn https://imgur.com/u2HR4nG https://imgur.com/nQGM5cZ <cite>NeonOctopuses posted [p:968973153] in Where is t... [t:80210254]...</cite> <quote>They bet it all on black and lost</quote> ... Copied to Clipboard!
Melzargard 10/25/22 9:00:31 PM #4:	CARRRNE_ASADA posted... It doesnt evaporate like a car or a houses value can, right?. Doesnt it mean when stocks crash is because over selling? So someone is cashing out at the top and in the way down? So the economy crashes and there are people sitting on piles of money while only paying 15% taxes due to long term holding.... I mean at least that my rudimentary understating Value is produced and lost based on human labor. When human labor goes down, "value" as a general concept goes down as well, there's less riches in the world. This causes inflation, which devaluates money. But yes also the super rich got riched during the pandemic. <cite>Melzargard posted [p:968973186] in Where is t... [t:80210254]...</cite> <quote>CARRRNE_ASADA posted... </cite><quote>It doesnt evaporate like a car or a houses value can, right?. Doesnt it mean when stocks crash is because over selling? So someone is cashing out at the top and in the way down? So the economy crashes and there are people sitting on piles of money while only paying 15% taxes due to long term holding....I mean at least that my rudimentary understating</quote>Value is produced and lost based on human labor. When human labor goes down, "value" as a general concept goes down as well, there's less riches in the world. This causes inflation, which devaluates money.But yes also the super rich got riched during the pandemic.</quote> ... Copied to Clipboard!
1337toothbrush 10/25/22 9:02:33 PM #5:	In various accounts owned by the rich. --- https://imgur.com/a/FU9H8 - https://i.imgur.com/ZkQRDsR.png - https://i.imgur.com/2x2gtgP.jpg <cite>1337toothbrush posted [p:968973225] in Where is t... [t:80210254]...</cite> <quote>In various accounts owned by the rich.</quote> ... Copied to Clipboard!
Turtlemayor333 10/25/22 9:03:13 PM #6:	Just a coincidence https://gamefaqs.gamespot.com/a/user_image/6/4/9/AAMM2kAAD0TJ.jpg --- http://i.imgur.com/WWk7D.jpg http://i.imgur.com/hE7v5GL.jpg http://i.imgur.com/sY9YLKe.jpg http://i.imgur.com/9e67vqt.jpg <cite>Turtlemayor333 posted [p:968973242] in Where is t... [t:80210254]...</cite> <quote>Just a coincidencehttps://gamefaqs.gamespot.com/a/user_image/6/4/9/AAMM2kAAD0TJ.jpg </quote> ... Copied to Clipboard!
CARRRNE_ASADA 10/25/22 9:04:49 PM #7:	Melzargard posted... Value is produced and lost based on human labor. When human labor goes down, "value" as a general concept goes down as well, there's less riches in the world. This causes inflation, which devaluates money. But yes also the super rich got riched during the pandemic. Yeah Im making this topic cause Im seeing videos about the Fed "going broke" and Im here like...they spent trillions on quantitative easing which inflated stock prices...and those at the top cashed out that money. Im probably grossly misunderstanding this, but that what it seems like for someone not fully knowledgeable on the subject. --- SEXY SEXY! <cite>CARRRNE_ASADA posted [p:968973272] in Where is t... [t:80210254]...</cite> <quote>Melzargard posted... </cite><quote>Value is produced and lost based on human labor. When human labor goes down, "value" as a general concept goes down as well, there's less riches in the world. This causes inflation, which devaluates money.But yes also the super rich got riched during the pandemic.</quote>Yeah Im making this topic cause Im seeing videos about the Fed "going broke" and Im here like...they spent trillions on quantitative easing which inflated stock prices...and those at the top cashed out that money. Im probably grossly misunderstanding this, but that what it seems like for someone not fully knowledgeable on the subject.</quote> ... Copied to Clipboard!
Melzargard 10/25/22 9:06:14 PM #8:	CARRRNE_ASADA posted... Yeah Im making this topic cause Im seeing videos about the Fed "going broke" and Im here like...they spent trillions on quantitative easing which inflated stock prices...and those at the top cashed out that money. Im probably grossly misunderstanding this, but that what it seems like for someone not fully knowledgeable on the subject. Total amount of value decreases, while those at the top get more from the lower classes. <cite>Melzargard posted [p:968973299] in Where is t... [t:80210254]...</cite> <quote>CARRRNE_ASADA posted... </cite><quote>Yeah Im making this topic cause Im seeing videos about the Fed "going broke" and Im here like...they spent trillions on quantitative easing which inflated stock prices...and those at the top cashed out that money. Im probably grossly misunderstanding this, but that what it seems like for someone not fully knowledgeable on the subject.</quote>Total amount of value decreases, while those at the top get more from the lower classes.</quote> ... Copied to Clipboard!
WingsOfGood 10/25/22 9:07:03 PM #9:	Look at ENZC some lady has millions in it and told others Eventually gamefaqs got wind of it Then she cashes out She got millions It tanked a bit Others cashed Then it tanked for good <cite>WingsOfGood posted [p:968973312] in Where is t... [t:80210254]...</cite> <quote>Look at ENZCsome lady has millions in it and told othersEventually gamefaqs got wind of itThen she cashes outShe got millionsIt tanked a bitOthers cashedThen it tanked for good</quote> ... Copied to Clipboard!
CARRRNE_ASADA 10/25/22 9:09:49 PM #11:	WingsOfGood posted... Look at ENZC some lady has millions in it and told others Eventually gamefaqs got wind of it Then she cashes out She got millions It tanked a bit Others cashed Then it tanked for good Right...it becomes a transfer of wealth. And every new recession the inequality gap widens and the goverment bails those at the top while growing the national debt even bigger. This doesnt seem sustainable. --- SEXY SEXY! <cite>CARRRNE_ASADA posted [p:968973370] in Where is t... [t:80210254]...</cite> <quote>WingsOfGood posted... </cite><quote>Look at ENZCsome lady has millions in it and told othersEventually gamefaqs got wind of itThen she cashes outShe got millionsIt tanked a bitOthers cashedThen it tanked for good</quote>Right...it becomes a transfer of wealth. And every new recession the inequality gap widens and the goverment bails those at the top while growing the national debt even bigger. This doesnt seem sustainable.</quote> ... Copied to Clipboard!
BlueTigerLion 10/25/22 9:24:50 PM #12:	It just goes to the people who sell. People who hold are bag holders. Because they are holding the bag of the worthless stock, crypto, or whatever asset. --- Hey now. <cite>BlueTigerLion posted [p:968973654] in Where is t... [t:80210254]...</cite> <quote>It just goes to the people who sell. People who hold are bag holders. Because they are holding the bag of the worthless stock, crypto, or whatever asset. </quote> ... Copied to Clipboard!
rexcrk 10/25/22 9:26:21 PM #13:	DrizztLink posted... The Caymans. Ayyyyy --- Fifty years from now when you're looking back on your life, don't you want to say you had the guts to get in the car? <cite>rexcrk posted [p:968973693] in Where is t... [t:80210254]...</cite> <quote>DrizztLink posted... </cite><quote>The Caymans.</quote>Ayyyyy</quote> ... Copied to Clipboard!
DarthAragorn 10/25/22 9:28:39 PM #14:	in the rich people's accounts --- MSI MEG X570 Unify \| Ryzen 7 5800X \| 32GB DDR4-3600 \| RTX 3080 Samsung Odyssey G7 32" - 1440p, 240hz, GSync <cite>DarthAragorn posted [p:968973743] in Where is t... [t:80210254]...</cite> <quote>in the rich people's accounts</quote> ... Copied to Clipboard!
Tyranthraxus 10/25/22 9:29:15 PM #15:	The wealth isn't real it's on paper. Jeff Bezos doesn't have hundreds of billions of dollars. He has millions of shares of Amazon. Amazon stock goes down 5%, news media reports this as "Jeff Bezos just lost 2 billion dollars" --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://i.imgur.com/dQgC4kv.jpg <cite>Tyranthraxus posted [p:968973757] in Where is t... [t:80210254]...</cite> <quote>The wealth isn't real it's on paper. Jeff Bezos doesn't have hundreds of billions of dollars. He has millions of shares of Amazon. Amazon stock goes down 5%, news media reports this as "Jeff Bezos just lost 2 billion dollars"</quote> ... Copied to Clipboard!
CARRRNE_ASADA 10/25/22 9:30:22 PM #16:	BlueTigerLion posted... It just goes to the people who sell. People who hold are bag holders. Because they are holding the bag of the worthless stock, crypto, or whatever asset. Right. My point is that money through these means doesnt evaporate, its just transfered. So during all economic crisis there are people holding the big bags of money. --- SEXY SEXY! <cite>CARRRNE_ASADA posted [p:968973791] in Where is t... [t:80210254]...</cite> <quote>BlueTigerLion posted... </cite><quote>It just goes to the people who sell. People who hold are bag holders. Because they are holding the bag of the worthless stock, crypto, or whatever asset.</quote>Right. My point is that money through these means doesnt evaporate, its just transfered. So during all economic crisis there are people holding the big bags of money.</quote> ... Copied to Clipboard!
CARRRNE_ASADA 10/25/22 9:31:19 PM #17:	Tyranthraxus posted... The wealth isn't real it's on paper. Jeff Bezos doesn't have hundreds of billions of dollars. He has millions of shares of Amazon. Amazon stock goes down 5%, news media reports this as "Jeff Bezos just lost 2 billion dollars" Right, thats if he doesnt sell. Im talking about the people who DO liquid their assets. --- SEXY SEXY! <cite>CARRRNE_ASADA posted [p:968973819] in Where is t... [t:80210254]...</cite> <quote>Tyranthraxus posted... </cite><quote>The wealth isn't real it's on paper. Jeff Bezos doesn't have hundreds of billions of dollars. He has millions of shares of Amazon. Amazon stock goes down 5%, news media reports this as "Jeff Bezos just lost 2 billion dollars"</quote>Right, thats if he doesnt sell. Im talking about the people who DO liquid their assets. </quote> ... Copied to Clipboard!
Tyranthraxus 10/25/22 9:31:23 PM #18:	CARRRNE_ASADA posted... Right. My point is that money through these means doesnt evaporate, its just transfered. So during all economic crisis there are people holding the big bags of money. It's not transferred. It never existed in the first place. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://i.imgur.com/dQgC4kv.jpg <cite>Tyranthraxus posted [p:968973821] in Where is t... [t:80210254]...</cite> <quote>CARRRNE_ASADA posted... </cite><quote>Right. My point is that money through these means doesnt evaporate, its just transfered. So during all economic crisis there are people holding the big bags of money.</quote>It's not transferred. It never existed in the first place.</quote> ... Copied to Clipboard!
CARRRNE_ASADA 10/25/22 9:32:38 PM #19:	Tyranthraxus posted... It's not transferred. It never existed in the first place How can you cash out something that doesnt exist --- SEXY SEXY! <cite>CARRRNE_ASADA posted [p:968973855] in Where is t... [t:80210254]...</cite> <quote>Tyranthraxus posted... </cite><quote>It's not transferred. It never existed in the first place</quote>How can you cash out something that doesnt exist</quote> ... Copied to Clipboard!
Tyranthraxus 10/25/22 9:34:00 PM #20:	CARRRNE_ASADA posted... How can you cash out something that doesnt exist The security exists. The value of the wealth attributed to it is arbitrary to be determined by the buyer. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://i.imgur.com/dQgC4kv.jpg <cite>Tyranthraxus posted [p:968973898] in Where is t... [t:80210254]...</cite> <quote>CARRRNE_ASADA posted... </cite><quote>How can you cash out something that doesnt exist</quote>The security exists. The value of the wealth attributed to it is arbitrary to be determined by the buyer.</quote> ... Copied to Clipboard!
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Current Events > Where is the money thats "lost" during economic crashes? (+) Yeah! (+)

Current Events > Where is the money thats "lost" during economic crashes?