Posted On: 02/04/2016 6:45:14 PM
Post# of 65629
Certainly not the 200 stock range that you stated occurred anytime after the Great Depression. It was only 200 stocks at that time due to the NYSE being a new and growing entity. Were you under the impression that when the NYSE starts doing business that there were thousands and thousands of companies that existed in the U.S. at that time? You do realize that in 1874, where the data I supplied starts, there were only 39 million citizens?
The amount of public traded issues in 1874 represent 0.0004% of the population for that time period. Today, the traded issues represent 0.0006% of the total population. That ratio has barely changed.
Sir, there's no need to explain the Great Depression to me. My father lived it. Our debate has nothing to do with "how times were hard back then". We're talking about data and facts, not "woes me".
The amount of public traded issues in 1874 represent 0.0004% of the population for that time period. Today, the traded issues represent 0.0006% of the total population. That ratio has barely changed.
Sir, there's no need to explain the Great Depression to me. My father lived it. Our debate has nothing to do with "how times were hard back then". We're talking about data and facts, not "woes me".
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"The more numerous any assembly may be, of whatever characters composed, the greater is known to be the ascendancy of passion over reason." - Federalist no. 58
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