| ▲ | AndrewStephens 3 hours ago | |||||||
You can already buy shares in a nations economy - it is called owning currency. The big difference from stocks is that most countries issue new shares (dollars, etc) to keep the price stable (indirectly via careful control of interest rates). I am simplifying terribly but just as shares represent a fraction of a company, cash represents a share of a nation’s economy. | ||||||||
| ▲ | peter_d_sherman 2 hours ago | parent [-] | |||||||
>You can already buy shares in a nations economy - it is called owning currency. An interesting point! Yes, that is definitely one way that currency could be looked at... >The big difference from stocks is that most countries issue new shares (dollars, etc) to keep the price stable (indirectly via careful control of interest rates). Agreed -- but if we were really to analyze things, scrutinize the way things really work at the highest degree of resolution, then we would have to observe that: a) There are multiple countries/currencies in the world. b) That each country's/currency's inflation rate is different than all of the other countries/currencies. c) If each country's/currency's inflation rate is different, this means that each countries's issuance of new shares (and control of interest rates) -- their financial policies, are, by comparison, either more effective, on par, or less effective than those of other countries used for comparison... Phrased another way: All countries do not control the rate of inflation of their currencies equally. Phrased another way: Some nations are better at controlling their currency's rate of inflation than other nations. True or not true? >I am simplifying terribly As am I! :-) >but just as shares represent a fraction of a company, cash represents a share of a nation’s economy. Again, an interesting point! And yes, I could agree with that! | ||||||||
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