Again, no baseball card produces anything of value in the world. Many publicly traded companies do. They employe people and pay their salaries.
You seem to ignore that.
The economy is not based on the stocks, but on the value the underlying companies produce. E.g. Tesla makes cars, Google runs a search engine. Such companies impact the real world - Baseball cards collect dust.
You seem to ignore that.
The economy is not based on the stocks, but on the value the underlying companies produce. E.g. Tesla makes cars, Google runs a search engine. Such companies impact the real world - Baseball cards collect dust.
It’s a broken comparison.