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What Capital Actually Is | Canadian Investing
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In this episode, we open up the plumbing of the Canadian financial system: what capital actually is, and how your savings become someone else's funding. We contrast real capital — like a wind farm generating electricity — with financial capital — the stocks and bonds that represent claims on it — and trace the journey from a personal chequing account to a $200 million infrastructure project.
Key takeaways:
- Real capital vs. financial capital: one produces, the other represents claims
-…
The skinny
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