Anyone know much about corporate law?

[Dak]

Here's the article I'm referring to; read the section "Capital vs. Money."

http://en.wikipedia.org/wiki/Finance_Capital#Instruments

So basically it says capital can take the form of shares or various other financial instruments (most of which are nothing but shell games for bank/lender profit). Regardless of the form it takes, the value is still going to be denominated in the local currency, and dependent on the strength of the economy as a whole/the currency.

 

[King Richard]

GOD who cares? make money fuck bitches

 

[Dak]

Why make something that is losing value faster than you can make it? (or will be shortly)

 

[zabu of nΩd]

<-- has almost half of savings converted to asian currencies

 

[Einherjar86]

So basically it says capital can take the form of shares or various other financial instruments (most of which are nothing but shell games for bank/lender profit). Regardless of the form it takes, the value is still going to be denominated in the local currency, and dependent on the strength of the economy as a whole/the currency.

So what exactly does it mean by this final statement:

"This article focuses mostly on financial instruments which are not uniformly affected by native currency inflation and which are not guaranteed by a state."

 

[Dak]

So what exactly does it mean by this final statement:

"This article focuses mostly on financial instruments which are not uniformly affected by native currency inflation and which are not guaranteed by a state."

Key word is uniformly. Using shares as the most convenient example, regardless of the strength of the economy, a stock share can still go up or down. They are still affected, and the buying power of the share's monetary value is uniformly affected.

The "not guaranteed by the state" part is kind of a joke after the bailouts.