Sure, but that in itself does not make the economy grow. It could potentially make the economy grow if the person I buy the stock from uses it to buy other shares in an IPO and that company spends the money to fund actual work. Or if that person just puts the money into consumption.
I'm just saying that boosting some share price does not in itself fund any labor. That's important, because the difficulty of getting the economy growing again after a balance sheet recession like the one we just saw, is to get money moving, not just sitting somwhere with a nominal price tag on it.
I'm just saying that boosting some share price does not in itself fund any labor. That's important, because the difficulty of getting the economy growing again after a balance sheet recession like the one we just saw, is to get money moving, not just sitting somwhere with a nominal price tag on it.