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Sorry, no way is it a zero sum game. It may be if you simply look at
each specific market transaction. But that's obviously not the
case. Stocks can be inherited, options can be exercised, positions
can be margined and leveraged, offsetting derivative hedges can be
placed. And it all has macro repursussions to the economy. Anyone
who's studied banking knows about the money multiplier and money
velocity. When stocks are hot, people are confident, borrow money,
jobs are created and the entire economy booms as all boats rise with
the tide. But when the tide turns, everyone suffers.
Wealth creation means its NOT zero sum. Alot more people got richer
in the late 90s than got poorer. And now alot more people are
getting poorer...
And that's my final say on this subject.
--- In realtraders@xxxx, delta88343@xxxx wrote:
>
> Yes, if my math and scenario's are reality based, that is certainly
the case.
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