This is from the website about the batch marketplace pile-up of 1929:
“For each dollar invested, the domain user would steal 9 dollars value of stock. Because of this leverage, if the batch went up 1%, the financier would have 10%! ”
I do not assimilate how the 10% distinction was made.
How WAS the 10% distinction made?
Please help! Thanks!
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Yippee, Kara! I still don’t know, but I hope you get an answer soon!
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