http://www.myylt.com/2008/12/26/what-happens-to-shares-of-stock-if-a-new-currency-is-issued/ Discussion of Forex Trading and Currency Trading Tue, 22 May 2012 05:29:48 +0000 http://wordpress.org/?v=2.3.3 http://www.myylt.com/2008/12/26/what-happens-to-shares-of-stock-if-a-new-currency-is-issued/#comment-10526 Ja Ma Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2008/12/26/what-happens-to-shares-of-stock-if-a-new-currency-is-issued/#comment-10526 the value is converted according to the "exchange" rate between the old and the new currency. incidentally, we do not have inflation now and in fact we live today in fear of deflation. the value is converted according to the “exchange” rate between the old and the new currency. incidentally, we do not have inflation now and in fact we live today in fear of deflation.

]]> http://www.myylt.com/2008/12/26/what-happens-to-shares-of-stock-if-a-new-currency-is-issued/#comment-10527 Adam G Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2008/12/26/what-happens-to-shares-of-stock-if-a-new-currency-is-issued/#comment-10527 Why o why would the government issue new currency. In the abstract sense, bills are valueless pieces of paper. And if the Dollar reaches an insane inflation amount, I guarantee that some kind of nuclear holocaust has taken place, and you won't be worrying about the value of stock. But, if you do own stock, and have the certificate, its value can be redeemed in any currency . Why o why would the government issue new currency. In the abstract sense, bills are valueless pieces of paper. And if the Dollar reaches an insane inflation amount, I guarantee that some kind of nuclear holocaust has taken place, and you won’t be worrying about the value of stock.
But, if you do own stock, and have the certificate, its value can be redeemed in any currency .

]]> http://www.myylt.com/2008/12/26/what-happens-to-shares-of-stock-if-a-new-currency-is-issued/#comment-10528 JohnGalt Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2008/12/26/what-happens-to-shares-of-stock-if-a-new-currency-is-issued/#comment-10528 Stock gets priced by the market, not the government. So if someone is willing to give you new dollars for your shares, and you are willing to accept them, that becomes the price. Likewise shares can be value din Euros, Yen Gold, or .308 ammo. Stock gets priced by the market, not the government. So if someone is willing to give you new dollars for your shares, and you are willing to accept them, that becomes the price. Likewise shares can be value din Euros, Yen Gold, or .308 ammo.

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