Thursday, October 9, 2008

It's all funny money...

Random thought I had as I was reading about how every financial market around the world is tanking:  If stocks are dropping so precipitously everywhere, where is all this money going?  It seems that if there was all this "value" in the stock market, that somehow means that actual cash is somehow being redistributed.  If the stock market is falling, shouldn't that financial worth be making someone rich?


I don't know if I'm making any sense at all, but the bottom line is that it shows you just how imaginary all of this money is we're talking about.  I think we should do what Fandango proposed many years ago--let's go back to the barter system!

No comments: