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Anonymous
Do derivatives create jobs?
2016-07-02 06:54:17 Post No. 1354448
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Do derivatives create jobs?
Anonymous
2016-07-02 06:54:17
Post No. 1354448
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First off I'm sorry if I get anything completely wrong, I don't know much about economics at all.
The market capitalization of all the world's stock markets is equal to $70 trillion dollars.
So far as I understand it, stock markets are linked to job creation, yes? EG: more money in stock markets = more money being thrown around/business being made/etc = more jobs for people.
However, the low end estimate of the size and scope of global derivative markets is $630 trillion. The high end estimate is $1.4 quadrillion.
SO evidently there's massively more money in derivative markets than the stock market... so I'm curious, how do derivatives create jobs?