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A comment on GameStop Is Rage Against the Financial Machine. Parent comment

Re:GameStop Is Rage Against the Financial Machine by SigmundA on Wednesday January 27, 2021 @10:29PM (#25937786)
Again one cow does not become two, you just may owe two cows when there is actually only one in circulation because you sold the same one twice.

I guess the talk of creating new shares threw me off this is just IOU’s

[ Parent | on HN ]
Re:GameStop Is Rage Against the Financial Machine by noncoml on Wednesday January 27, 2021 @11:30PM (#25938193)
Absolutely correct. The cows remain 100. When I said buy 200 cows back, I meant by the 100 cows TWICE. Buy them, give them back to the second person you borrowed them from, then buy them again, and give them back to the person you borrowed them from originally.

Sorry for making it confusing in my attempt to simplify it.

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