garfaagel@sh.itjust.works to Today I Learned (TIL)@lemmy.ca · edit-211 months agoTIL that in 2010 the stock market experienced a flash crash, caused by automatic trading. Over a trillion dollars were lost and mostly regained, all in 36 minutes. Exact causes remain disputed.en.wikipedia.orgexternal-linkmessage-square30fedilinkarrow-up1337arrow-down15
arrow-up1332arrow-down1external-linkTIL that in 2010 the stock market experienced a flash crash, caused by automatic trading. Over a trillion dollars were lost and mostly regained, all in 36 minutes. Exact causes remain disputed.en.wikipedia.orggarfaagel@sh.itjust.works to Today I Learned (TIL)@lemmy.ca · edit-211 months agomessage-square30fedilink
minus-squaresnooggums@kbin.sociallinkfedilinkarrow-up1·11 months agoSo you are also saying that stocks are not real dollars. Glad we agree.
minus-squareDark_Blade@lemmy.worldlinkfedilinkarrow-up3·11 months agoStocks aren’t money to begin with, they’re an asset class. The money invested in stocks is as real as any other dollar though.
So you are also saying that stocks are not real dollars. Glad we agree.
Stocks aren’t money to begin with, they’re an asset class. The money invested in stocks is as real as any other dollar though.