News for hackers. Stuff that matters.

A comment on Netflix's Junk Bonds Explain How We Are in a Corporate Debt Bubble. Parent comment

Re:Netflix's Junk Bonds Explain How We Are in a Corporate De... by AstralStorm on Tuesday February 04, 2020 @07:16AM (#22234689)
I wouldn't be so sure, it is only worth much because we believe so. (Likewise platinum.) They will bubble and crash.

As opposed to say steel and copper which are tied to industrial supply and demand.

[ Parent | on HN ]
Re:Netflix's Junk Bonds Explain How We Are in a Corporate De... by tempsy on Tuesday February 04, 2020 @11:02AM (#22237086)
Money is shared fiction too. The difference is we can print an infinite supply of it but only have a finite supply of gold in the world.
[ Parent | on HN ]