When house prices and other assets tumble, where does the money go? | CBC News

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When house prices and other assets tumble, where does the money go? | CBC News
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Analysis: Just last November, the total value of cryptocurrency in the world was $3 trillion US. But now, more than $2 trillion of it has gone.

Just last November, the total value of cryptocurrency in the world was $3 trillion US. But now, more than $2 trillion of it has gone. Intuitively it is hard to grasp, but when stocks and real estate values plunge, money essentially "disappears into thin air.

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