|
  |
|
|
Where does all the money go?
By Todd Schafer
So, I ask the question. with the recent stock market slide, it has written that approximately 2 trillion dollars have been shaved off people's retirement accounts. And that was two days ago! Today's slide of almost 700 points only adds to that misery. Where did all that money go? Does it vanish into thin air? I guess it points to the whole nebulousness of the concept of money. If we can just print more, isn't there enough for everybody? I have been pondering on this question, and the best I can come up with is that these are truely "paper monies". In other words, the money doesn't even exist until you sell your asset. Otherwise, the value is just some figure that the market at the time decides. http://news.yahoo.com/s/ap/20081007/ap_on_bi_ge/meltdown_retirement |
PLEASE VISIT THE CONTRIBUTOR'S WEBSITE
No reactions yet.
Please login or sign up to rate this intel.
Please login or sign up to add a comment.
The copyright for this content entitled "Where does all the money go?" has been specified by the contributor as:
Public Domain
The copyright for this content has been relinquished by the author. The content may be used freely by anyone.
|
 |
|
This intel was contributed by toddiem
|
May, 2012
2008
January, February, March, April, May, June, July, August, September, October, November, December
2009
January, February, March, April, May, June, July, August, September, October, November, December
2010
January, February, March, April, May, June, July, August, September, October, November, December
2011
January, February, March, April, May, June, July, August, September, October, November, December
2012
January, February, March, April, May
|
|
Not a member yet?
Qondio is a powerful network for making it online. If you have a website to
promote, we can help.
Sign up and get in on the action.
|
|
Welcome to Qondio! Discover the awesome power this network can deliver by going to our About page. Or you could skip straight to the Sign Up form.
|
|
