this post was submitted on 15 Dec 2024
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Microblog Memes

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[–] ieatpillowtags@lemm.ee 1 points 4 days ago (1 children)

That’s just not logical man, because first of all it’s the entire basis of the banking system. Money creates money, and your investment in the stock market is essentially similar to a loan offered by a bank. The money you spent buying the stock allows the company to invest more in the business, and you get increased stock value for your trouble.

Maybe you want to be more specific about what you mean by “value”, but it was valuable for me to be able to buy a house without having to pay for it all up front, for example.

You even acknowledge that we workers are forced to be accomplices in this scam, chasing our breadcrumbs. Why would you denigrate those who participate in the system because we have literally no other choice? What is your point? Should I boycott the stock market in the hopes that some oligarch notices?

[–] raspberriesareyummy@lemmy.world 1 points 4 days ago (1 children)

I am not denigrating people being forced to participate, but theft is theft. You swallowed the investment fairy tale hook line and sinker.

[–] ieatpillowtags@lemm.ee 1 points 4 days ago (1 children)

Fairy tale how exactly? I put money in, wow more money now! Which part fake???

[–] raspberriesareyummy@lemmy.world 1 points 4 days ago (1 children)

I think you've summed up your sophisticated thought process quite well. Please focus on breathing, lest you forget and suffocate.

[–] ieatpillowtags@lemm.ee 1 points 4 days ago

Right, because I was responding to such a well thought out argument?