DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - What would the effect on the economy be if gold became abundant?

**weaddercaps** · 06-17-2008, 08:01 PM

Originally posted by Straybow
Except that stock is also the ability to vote in company shareholder meetings, may pay dividends, and also represents a fraction of the value of the company which can buy its own stock back from you. Does Gold buy itself back from you? No. All of these things either have nothing to do with exchange of money, or function the same way. No money is created or destroyed in the process. It is a zero-sum game.

It's getting pretty funny that you can't understand this. Do you really think that money magically appears in the stock market when stocks appreciate in value? Do you really think dividends magically create money?

06-17-2008, 08:01 PM	#21
weaddercaps Join Date Oct 2005 Posts 594 Senior Member	Originally posted by Straybow Except that stock is also the ability to vote in company shareholder meetings, may pay dividends, and also represents a fraction of the value of the company which can buy its own stock back from you. Does Gold buy itself back from you? No. All of these things either have nothing to do with exchange of money, or function the same way. No money is created or destroyed in the process. It is a zero-sum game. It's getting pretty funny that you can't understand this. Do you really think that money magically appears in the stock market when stocks appreciate in value? Do you really think dividends magically create money?
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