cat_fishing@feddit.online to No Stupid Questions@lemmy.worldEnglish · 4 days ago$1.8 trillion was wiped out from the US stock market yesterday, where did it go?message-squaremessage-square135linkfedilinkarrow-up1299arrow-down110
arrow-up1289arrow-down1message-square$1.8 trillion was wiped out from the US stock market yesterday, where did it go?cat_fishing@feddit.online to No Stupid Questions@lemmy.worldEnglish · 4 days agomessage-square135linkfedilink
minus-squareSludgeyy@lemmy.worldlinkfedilinkarrow-up41·4 days agoELI5 There are 10 Charizard Pokémon cards in existence (# of outstanding stock) Each card is worth $100 today, $1,000 total value Tomorrow the price falls to $90, $900 total value $100 was “wiped” If the charizard card is worth $80, $90, $100, or $110 will continue to play out. If it did the opposite and price of each card went to $110 then you could say $100 was “injected” into the market.
minus-squareSkeezix@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down14·4 days agothat’s a lot of words for blowin smoke up your ass
minus-squareNatanael@infosec.publinkfedilinkarrow-up7·4 days agoYou shouldn’t let a Charizard do that it’s not safe
minus-squareNo_Eponym@lemmy.calinkfedilinkarrow-up5·4 days agoAlso, if you do that kind of stuff with Charizard and people find out, it’s gonna be hard to get a job anywhere but the FBI.
ELI5
There are 10 Charizard Pokémon cards in existence (# of outstanding stock)
Each card is worth $100 today, $1,000 total value
Tomorrow the price falls to $90, $900 total value
$100 was “wiped”
If the charizard card is worth $80, $90, $100, or $110 will continue to play out.
If it did the opposite and price of each card went to $110 then you could say $100 was “injected” into the market.
that’s a lot of words for blowin smoke up your ass
You shouldn’t let a Charizard do that it’s not safe
Also, if you do that kind of stuff with Charizard and people find out, it’s gonna be hard to get a job anywhere but the FBI.
Can Pokemon consent?