this post was submitted on 28 Feb 2024
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Burgernomics Δ (sh.itjust.works)
submitted 11 months ago by brbposting@sh.itjust.works to c/memes@lemmy.world
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alt-text: Woman ordering food (photo): “I would like to buy a hamburger for the same price that it was 2 hours ago.”

Cashier (sketched): “Sir, this is a Wendy's”

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[–] demosthememes@lemmy.dbzer0.com 26 points 11 months ago (1 children)

Steps to creating your own "Bullish Burger" Stock Market

  1. Bulk order just before peak,
  2. Resell those orders as demand rises.
  3. Profit
[–] Kerb@discuss.tchncs.de 17 points 11 months ago* (last edited 11 months ago) (2 children)

that might not be entierly legal,
you cant legally sell onions on the futures market since 1958

[–] CobblerScholar@lemmy.world 13 points 11 months ago (1 children)

Huh, son of a bitch. Can't wait to use this one

https://en.m.wikipedia.org/wiki/Onion_Futures_Act

[–] Corkyskog@sh.itjust.works 7 points 11 months ago* (last edited 11 months ago) (2 children)

The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as "motion picture box office receipts"

Lol. Wut?

[–] Kerb@discuss.tchncs.de 6 points 11 months ago (1 children)

in 1956 some guy sneakily trough shell companys and such stuff, used the futures market to controll 98% of the onion suply and screwed over a lot of people.

the onion futures act was the goverments absolute brilliant idea for a fix.

i have no idea what the box office receipts thing is about

[–] Corkyskog@sh.itjust.works 4 points 11 months ago

Yeah no, I get the Onion thing, it's usually taught in collegiate finance courses... but the Box Office thing threw me off. Apparently the MPAA lobbied to have it added. I am just amused that it's attached to Onion Law.

[–] kboy101222@sh.itjust.works 2 points 11 months ago

From a couple minutes on Wikipedia, it was added to the law as part of Dodd-Frank in 2010, which overhauled the US financial system after the recession. The MPAA lobbied heavily on it