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?
Oh yeah here's my source: http://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/
>>1354448
derivatives are just gambling, so does a casino create jobs? derivatives are zero sum outside of all the fees/ commissions for brokers and bid/ask for the market makers
>>1356491
This.
>>1354448
>how do derivatives create jobs?
When my bet wins and I take some dumb chink's money, he has to go get a job
that's how it creates fucking jobs