On Dec 18, 2009, at 3:20 PM, Ted Winslow wrote:
> How is it possible to turn some part of existing physical productive
> assets into "money" that can then be "reinvested in derivatives,
> hedge funds and beyond"? The current owners can sell it, but it
> still continues to exist under the new owners doesn't it
You could do it, figuratively, by not reinvesting as the capital stock ages, and dumping the cash instead into the markets.
Corps have been shoveling cash into the markets, for sure, but apparently they've been keeping up the capital stock too.
Doug