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The Something Awful Forums > Discussion > C-SPAM > The defining issue of this election: the flat tax
 
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Reicere
Nov 5, 2009

Not sooo looouuud!!!

Triglav posted:

An American investor buys a thousand lots of stock in an American cellphone company from another investor who wanted to cash out.

I would love to live in the world where only newly issues stocks were traded sold, But I don't think that we do.
Can shares changing hands for the Nth time even be connected to real activity going on at the issuing company?

At that point it's just money being shuffled in a spreadsheet and is no more productive (in real terms) than money stashed in a mattress.

* # ¿ Nov 9, 2015 00:08
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# ¿ May 10, 2024 08:16
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The Something Awful Forums > Discussion > C-SPAM > The defining issue of this election: the flat tax