Well, the importer who would have spent his money on the fans now spends it on something else. The Finance bucks are now recirculated into the REAL economy.
Re:Paul Singer, Doomsday Investor
by icebraining on Wednesday August 22, 2018 @04:12AM
(#17817157)
They don't have that money to spend, because that money came from the sale of the previous fans, but now it's the investors that are selling them.
Before: Importer spends $100 to buy the fans, spends $10 to ship, gains $150 from sale. Net: $40
Now: Finance guys spend $100 to buy the fans, pay $50.01 to the importer to ship them, then sell them for $150. Net (for the importer): $40.01. The finance guys are down $0.01, but they get Real Bucks from that.
The real economy gained a mere penny. It just added complexity to the whole thing, for no real gain.
Literally nothing in the real world changed, except the importer now gets a bit of extra cash (probably almost nothing, since it doesn't cost him/her anything) to allow those investors to "own" those fans en route. There's no extra jobs, and the demand for fans hasn't really changed.
What's the point?