Thursday, July 19, 2012

what's up with coupon socialism ?

"the stock market."

" Stock prices are quoted in coupons not convertible to cash,
 reverting to the treasury at death."

 The price of a firm's stock in coupons will, presumably, reflect both the current value of its dividends and expectations about its future performance "

wait ..other then its a  game with winners and losers .....where's the gain here ?