this post was submitted on 03 Dec 2023
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Eh, touche. Though, that's a bit extreme and binary, I'd say. Sometimes humans are rational and sometimes (a lot) they/we are not.
When some difficult concepts are explained to me (cryptography, quantum mechanics, Quaternions, etc. Are some concepts i recently visited) the gears grind in my head. I understand SOMETHING at the end of the ordeal.
But you try to explain me economic theory, various instruments for holding wealth, how stocks with voting powers work and I come out of it convinced it's an elaborate obfuscation invented to dodge taxes, launder ill-gotten gain, confuse normal people so they lose money to the hedge funds, trap companies and take them over.
Everything about financial markets is anxiety inducing and give off a "Hey, this thing has weird loopholes... pretty sure some rich dude is making good use of it to siphon money out of the general population" vibe.
Well put. I can relate and think you articulated the problem well. When it's all said and done, the greater "stock market" and Wall Street network is simply irrational, unreasonable, opaque, and illogical - largely by design and on purpose. The only way it becomes "rational" and "reasonable" and "logical" is when viewed through a lens of corruption and deception.