Re:Where did the other dollar go, Jeff?
by bo1024 on Wednesday April 28, 2021 @08:29PM
(#26975964)
Sure, but it's not stable or dependable. If one person goes bankrupt or dies or moves away, then everybody would go bankrupt one after the other. Compare to a scenario where everyone actually is at zero.
[ Parent
| on HN ]
Re:Where did the other dollar go, Jeff?
by Red_Leaves_Flyy on Thursday April 29, 2021 @10:41AM
(#26981775)
This is how banks, and by extension - entire economies, implode when an over leveraged something fails, taking down all the other over leveraged players dependent on their success in a series of dominoes.