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by rabidferret
1985 days ago
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For purchases like the one in the article, you can absolutely purchase with stock in lieu of cash. This happens all the time, and doesn't have nearly the impact on the share price that selling for cash on the exchange does. How much cash you could get in a vault isn't really a useful measure of wealth since cash isn't the only object of value that you can exchange for goods and services (which you even pointed out in your comment by mentioning gold) |
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